Chapter 1, Problem S1.15SE

To determine

Concept Introduction:

Cash flow statement:

It is a part of financial statements in which all the cash inflows and outflows during the period is being shown. It shows the movement of the cash in the business. Mainly there are three type of cash flows i.e. cash flows from operating activities, cash flows from financing activities and cash flows from investing activities.

Cash Flow from operating activities:

In this all the cash flows relating to the regular business operation of the business come.

Cash Flow from Investing Activities:

In this all the cash flows relating to purchase or sale of any capital asset or investment comes.

Cash Flow from Financing Activities:

In this all the cash flows relating to the funds invested in the business either of the outsider financers or owners comes.

To Prepare:

Statement of Cash Flow for Pushing Daisies Homes for the month July 31, 2016