Economy, asked by beths34, 5 months ago

What is the difference between accounting income and cash flow?

Answers

Answered by Anonymous
2

Answer:

A cash flow statement shows the exact amount of a company's cash inflows and outflows over a period of time. The income statement is the most common financial statement and shows a company's revenues and total expenses, including noncash accounting, such as depreciation over a period of time.

Answered by pralhadtkalel
2

Answer:

A cash flow statement shows the exact amount of a company's cash inflows and outflows over a period of time. The income statement is the most common financial statement and shows a company's revenues and total expenses, including noncash accounting, such as depreciation over a period of time.

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