question archive A Statement of Cash Flows explains how changes in balance sheet accounts and income statement accounts cause the change in cash from the beginning of the period to the end of the period
Subject:FinancePrice: Bought3
A Statement of Cash Flows explains how changes in balance sheet accounts and income statement accounts cause the change in cash from the beginning of the period to the end of the period. Recall that revenues and expenses are reported on the accrual basis. Consequently, some of the cash for the revenue earned may not have been as of the statement date....