hlo guys
what is cash flow statement??
and there formats???
Answers
Answer:
A cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities.
formats
Cash can flow in two directions – either coming in to your business or going out. Cash coming in to your business is shown as positive amounts, whereas cash going out from your business are shown as negative amounts (in parentheses).
Note that dividends are cash payouts to people who have bought shares in a company. Dividends are similar to drawings (in a small business), in that the owner is getting a payout (drawings is when the owner of a small business withdraws some of the cash that s/he initially invested in the business for personal use).
Proceeds simply means cash received.
It's important to note that the cash flow statement covers the flows of cash over a period of time (unlike the balance sheet that provides a snapshot of the business on a specific date).
Answer:
Hello yar good evening
Thanks for the thanks dear cool bio