Statement of cash flows : Statement of cash flows is a financial statement which shows all inflows and outflows of the cash during an accounting period. In other words, statement of cash flows shows how cash is generated and how cash is spent during a specified accounting period. To prepare: Statement of cash flows.

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Chapter 12, Problem 18QS

To determine

Concept introduction:

Statement of cash flows:

Statement of cash flows is a financial statement which shows all inflows and outflows of the cash during an accounting period. In other words, statement of cash flows shows how cash is generated and how cash is spent during a specified accounting period.

To prepare:

Statement of cash flows.

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