E CONOMIC accounts, like company accounts, may be of three types: (1) flow accounts, represented by national income statements, (2) asset-liability accounts, which are best represented at present by monetary statistics, and (3) a combination of the two that are probably best referred to as source-and-use-of-funds statements.l Study of these three types may contribute to an understanding of economic activities. The purpose of this paper is to explore some of the relationships between the first two types, with a view to examining some of the basic problems to be considered in the construction of the third type. In particular, a draft of a possible source-and-use-of-funds statement drawn from the national income and financial accounts of an economy is presented, and some of its uses are indicated. In the draft statement, it is suggested that the national income accounts, the balance of payments statement, the government finance records, the monetary statistics, and other financial accounts for a country be consolidated in a final summary form. The term "national income statement" as used here includes the traditional national income, expenditure, and appropriation accounts that are presently constructed in a large number of countries. The term "financial account" includes those accounts that describe the asset-liability positions of certain sectors of the economy and therefore the sources and uses of funds arising not from the purchase and sale of goods, services, or real estate, but from borrowing and lending, and the purchase and sale of financial obligations, including money and quasi-money.2 It is not suggested that this draft is necessarily the one that will prove most useful for economic analysis; rather, the draft is intended to provide an example of the form that such