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Eve Mcmahon
History
20 September, 21:11
How do i create a cash flow statement
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Kaydence Michael
20 September, 21:18
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The simple analogy to creating a cash flow statement is analyzed below.
Explanation:
The cash flows statement is comprised of three sections: operating activities, investing activities, and financing activities.
The indirect method of preparing a statement of cash flows begins with the net profit from the income statement, which is then adjusted for non-cash items, such as depreciation.
Prepare-Gather Basic Documents and Data.
Step 2: Calculate Changes in the Balance Sheet.
Step 3: Put Each Change in B/S
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