In cash flow statement issues of
debentures for consideration other
than cash is shown under which
activity.
Answers
Financial statements are prepared by businesses to report on their operations to their stakeholders. There are four reports in total. Three of them employ the accrual principle in accounting to account for current operations. While it is a required accounting topic, it might be perplexing. They also don't reveal how a corporation manages its cash and don't report cash movements.
The fourth financial statement, on the other hand, addresses this issue. The cash flow statement shows how much money has changed over time. These movements are essential for users to understand how a company manages its cash resources. All cash payments and receipts for a given time are included in the cash flow statement. Finally, the opening and closing cash and cash equivalent balances are reconciled.
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