application of funds
Answers
Answered by
1
Answer:
Any of six results of spending money. Spending money can result in a loss, an increase in current assets (other than cash), an increase in non-current assets, a decrease in current liabilities, a decrease in non-current liabilities, or a decrease in shareholders' equity.
Answered by
0
A company's financial statement with details of where money has come from and how it has been spent during a particular period: A source and application of funds statement is usually produced to show the various sources of funds received during the period in question and how those funds have been spent.
HOPE IT WILL HELP YOU☜
Similar questions