Question

What is a fund flow statement?explain its importance to the management and discuss in detail the procedure of funds flow analysis

Answer 1

Answer:

Meaning of Fund Flow Statement:

A fund flow statement is a statement in summary form that indicates changes in terms of financial position between two different balance sheet dates showing clearly the different sources from which funds are obtained and uses to which funds are put.

It summarizes the financing and investing activities of the enterprise during an accounting period. Like me plz plz plz .......have a great day