1.

Give a speciment of cash flow statemnet by indirect method using imaginry figure​

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ong>Answer:

-The indirect METHOD for the preparation of thestatement of cashflowsinvolves the adjustment ofnet incomewith CHANGES inbalancesheet accountsto arrive at the amount of cash GENERATED by operatingactivities. The statement of cash flows is one of the components of acompany's set offinancial STATEMENTS, and is used to reveal the sourcesand uses of cash by a BUSINESS. It presents information about cashgenerated from operations and the effects of various changes in thebalance sheet on a company's cash position.

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