On what basis of accounting the cash flow statement is based upon?

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Jenifer Fadel asked a question: On what basis of accounting the cash flow statement is based upon?
Asked By: Jenifer Fadel
Date created: Fri, May 21, 2021 4:27 PM
Date updated: Wed, Oct 5, 2022 8:50 AM

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Top best answers to the question «On what basis of accounting the cash flow statement is based upon»

Cash flow is calculated by making certain adjustments to net income by adding or subtracting differences in revenue, expenses, and credit transactions (appearing on the balance sheet and income statement) resulting from transactions that occur from one period to the next.

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Cash basis of accounting. Cash flow is calculated by making certain adjustments to net income by adding or subtracting differences in revenue, expenses and credit transactions resulting from transactions that occur from one period to the next.

Q. Cash Flow Statement is based upon - Published on 04 Sep 15. a. Cash basis of accounting. b. Accrual basis of accounting. c. Credit basis of accounting. d. None of the above. ANSWER: Cash basis of accounting. Related Content. Management Accounting . Discussion; Nisha -Posted on 20 Jun 21 Sir; Subham -Posted on 24 May 20 thanks a lot siror ma'am .. for always being there for us; Dharmveer pandit -Posted on 03 Dec 19 Hlw gn ; Dharmveer pandit -Posted on 03 Dec 19 Hlw gn ; Dharmveer pandit ...

The cash Flow Statement is based upon the cash basis of accounting. To learn more Commerce related questions and answers, visit BYJU’S – The Learning App. Was this answer helpful? 0 (0)

Home >> Category >> Finance (MCQ) Questions and answers >> Cash Flow Statement. 1) Cash Flow Statement is based upon. a. Cash basis of accounting. b. Accrual basis of accounting. c. Credit basis of accounting. d. None of the above.

Cash flow statement is based upon _____ while Funds Flow Statement recognizes _____. a) Cash basis of accounting, accrual basis of accounting b) Accrual basis of accounting, cash basis of accounting c) Both are based on cash basis of accounting d) None of the above View Answer / Hide Answer. ANSWER:a) Cash basis of accounting, accrual basis of accounting . 2. Statement of changes in working capital is prepared separately in a) Cash Flow Statement b) Funds Flow Statement c) Both a and b d ...

Cash flow statement is banked upon (a) Cash basis of accounting (b) Accrual basis of accounting (c) a and b both (d) None of these asked Jan 23, 2019 in Accounts by kajalk ( 77.7k points) class-12

Cash Flow Statement is based upon a) Cash basis of accounting b) Accrual basis of accounting c) Credit basis of accounting d) None of the above View Answer / Hide Answer. ANSWER: a) Cash basis of accounting . 6. Which of the following statements are false? A) Cash Flow Statement is helpful in the formation of policies. B) Cash Flow Statement is useful for external analysis C) Cash Flow Statement is helpful in estimating future cash flow a) Both A and B b) Both A and C c) Both B and C d) None ...

a) Cash basis of accounting, accrual basis of accounting b) Accrual basis of accounting, cash basis of accounting c) Both are based on cash basis of accounting d) None of the above ANSWER:a) Cash basis of accounting, accrual basis of accounting. 9. Statement of changes in working capital is prepared separately in a) Cash Flow Statement.

If you do your own bookkeeping in Excel, you can calculate cash flow statements each month based on the information on your income statements and balance sheets. If you use accounting software, it can create cash flow statements based on information you’ve already entered in the general ledger.

A cash flow statement is a financial statement that presents total data concerning complete cash inflows a business gains from its continuing progress and external financing sources, as well as all cash outflows that pay for trading activities and finances during a delivered time.

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