Which of the following is included in a normal set of financial statements?

A normal set of financial statements typically includes a comprehensive overview of an entity's financial performance and position. This standard set is composed of the balance sheet, income statement, and statement of retained earnings.

The balance sheet provides a snapshot of an entity's assets, liabilities, and equity at a specific point in time. It helps stakeholders understand what the company owns and owes. The income statement reflects the company’s performance over a period, detailing revenues and expenses, ultimately showing profit or loss. The statement of retained earnings connects the income statement to the balance sheet by detailing changes in retained earnings from net income and dividends paid during a specified period.

This combination of financial statements offers a thorough overview, allowing stakeholders to assess the profitability, financial health, and overall operational effectiveness of the entity. Other options fail to include all the necessary statements for a complete financial picture, focusing instead on a single component or a less comprehensive set.