Cash flow statement is a Which show flow of cash and cash equivalents during a period
Answers
Answer:
Cash flow statement shows the movement of cash and cash equivalents during an accounting period.
Concept Introduction
The cash flow statement (CFS) is a financial statement that outlines the movement of cash and cash equivalents (CCE) that enter and leave a business.
Explanation
The cash flow statement depicts the movement of cash and cash equivalents over the course of an accounting period. A cash flow statement, also known as a statement of cash flows or a funds flow statement, is a financial statement that demonstrates how changes in balance sheet accounts and income effect cash and cash equivalents and divides the analysis into operating, investing, and financing operations.
Final Answer
Cash flow statement is a Movement of cash show flow of cash and cash equivalents during a period
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