Arnold Byte, the owner-president of Computer Services Company, is unfamiliar with the statement of cash flows that

Question:

Arnold Byte, the owner-president of Computer Services Company, is unfamiliar with the statement of cash flows that you, as his accountant, prepared. He asks for further explanation.

Instructions
Write him a brief memo explaining the form and content of the statement of cash flows as shown in Illustration 12-12.

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Related Book For  book-img-for-question

Managerial Accounting Tools For Business Decision Making

ISBN: 9780471413653

2nd Canadian Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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