Fundamental Accounting Principles -Hardcover
Fundamental Accounting Principles -Hardcover
22nd Edition
ISBN: 9780077632991
Author: Wild
Publisher: MCG
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Chapter 16, Problem 1BPSB
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 Salt lake 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

Fundamental Accounting Principles -Hardcover

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