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3 Cards in this Set
- Front
- Back
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Statement of Cash flows format
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Operating Activities+Investing activities+financingactivities
=net increase/decrease incash +cash balance at beg. of period= cash @ end of period |
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Statement of cash flows:
Comparative balance |
year 1 - year 2 = the change
for assets, liabilities & equity |
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Statement of cash flows:
Income statement |
Operating revenue
Sales -cost of good sold= gross profit depre. exp+other exp: subtract from GP gain on sale-interest exp-income tax exp = net income |
