WORKING PAPERS F/ FUND ACCOUNTING
WORKING PAPERS F/ FUND ACCOUNTING
22nd Edition
ISBN: 9781308868394
Author: Wild
Publisher: MCG CUSTOM
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Chapter 16, Problem 1APSA
To determine

INTRODUCTION

Cash Flow statement is the statement of cash outflow and inflow in an organization. It represents the cash activities - Operating, Investing and financing. Cash flow statement can be prepared direct or indirect method. Under Indirect method we calculate cash flow from Net profit with adjusting the non-cash item.

TO CALCULATE

We need to calculate the cash flow statement of Lansing Company under Indirect method for the year ended 2015, using the extract of balance sheet and Income statement.

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Chapter 16 Solutions

WORKING PAPERS F/ FUND ACCOUNTING

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The KEY to Understanding Financial Statements; Author: Accounting Stuff;https://www.youtube.com/watch?v=_F6a0ddbjtI;License: Standard Youtube License