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The statement of cash flows is a blend of the income statement and the balance sheet. True or false ?

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Question ajoutée par Utilisateur supprimé
Date de publication: 2016/09/08
Aslam Khan
par Aslam Khan , Senior Accounts Officer , Pakistan Software Export Board

Yes, in both methods (direct and indirect) cash flow statement is combination of balance sheet and income statement

Utilisateur supprimé
par Utilisateur supprimé

Yes it's true .Net income is first adjusted for noncash income and expense items to yield cash profits

, Then, further adjusted for cash generated and used by balance sheet

transactions to yield cash flows from operations, as well as investing and financing

activities.

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