Register now or log in to join your professional community.
A - These Accounts Are permanent
B- These Accounts are Temporaries Accounts Closed into Balance sheet Accounts which is Analysis by cash flow statement
C- these Accounts has not Any affect on Cash
D - Cash flow statement exclude all cash affect from consideration
Cash flow statement consists of actual cash inflow and outflow whoever P n L is prepared on accrual basis in which expenses and revenue are included . The recognition of expenses and revenue has been done as accrual basis in P n L.
1 / cash basis including admits Fllia affect the cash from revenues or expenses Lu alone accounting or economic during a specified time and proved an instant cash to capture revenue or cash payment of money.2 / The accrual basis depends on the proof of the rights and liabilities of the moment of its emergence, regardless of whether the revenue of taking possession of it or that were paid an allowance Therefore, we find the track faster in the private accounts of accounting loneliness of the way of proof on a cash basis.
The Cash flow statement considers the transactions with movement of cash whereas the revenue and expenses account include not only cash transactions but also the accrued items.
Only recieved by cash payment which is Analysis by cash flow statement.
These Accounts are Temporaries Accounts Closed into Balance sheet Accounts which is Analysis by cash flow statement
data error Or not properly recorded
