1.

What is Cash Flow Statement? 

Answer»

A Cash Flow Statement is a Statement, Showing Inflows (Receipts) and Outflows (Payments) of Cash during a Particular Period. In other words, it is a Summary of Sources and Applications of Cash during a Particular Span of Time. It Analyses the reasons for Changes in Balance of Cash between the Two Balance Sheet Dates. The Term "Cash" here stands for Cash and Cash Equivalents. A Cash Flow Statement includes only those Items which Affect Cash. 



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