Using Financial Accounting Information
Using Financial Accounting Information
10th Edition
ISBN: 9781337276337
Author: Porter, Gary A.
Publisher: Cengage Learning,
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Chapter 2, Problem 2.8.1AAP
To determine

Concept Introduction:

Statement of cash flow is prepared to know the cash flow position of the business. Business activities can be categories into three types; operating, investing, and financing. Operating activities include day to day business operation activities. Investing activities includes purchase or sale of assets of the business. Financing activities include the capital transactions like issuance of shares and repayment of debt etc.

To prepare: Thestatement of cash flows for the year.

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Using Financial Accounting Information

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