State whether old furniture written off would result intoinflow/outflow/ no flow of cash.
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Separation of ownership and management in corporate governance involves placing the management of the firm under the responsibility of professionals who are not its owners. Owners of a company may include shareholders, directors, government entities, other corporations and the initial founders.
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Income is the cash that is moving (streaming) all through your business in a month.
Money is rolling in from clients or customers who are purchasing your items or administrations.
In the event that clients don't pay at the season of procurement, a portion of your income is originating from accumulations of records receivable.
Money is leaving your business as installments for costs, similar to lease or a home loan, in month to month advance installments, and in installments for duties and different records payable.