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Posted: May 2nd, 2022
Cash Flows Assignment | Homework For You
1. Which of the following is incorrect about the statement of cash flows? a. It is the third basic financial statement. b. It provides information about cash receipts and cash payments of an entity during a period. c. It reconciles the ending cash account balance to the balance as per the bank statement. d. It provides information about the operating, investing and financing activities of the business.
2. Which of the following is not a non-cash activity? a. Issue of shares to purchase assets. b. Issue of debt to purchase assets. c. Payment of cash dividends. d. Exchange of property, plant and equipment. Accounting homework help
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