The main purpose of a cash flow statement is to: (a) Summarise short-term assets and liabilities at

Question:

The main purpose of a cash flow statement is to:

(a) Summarise short-term assets and liabilities at a point in time

(b) Summarise the cash in hand at a point in time

(c) Summarise cash paid and received over a period

(d) Summarise cash paid and payable, and received and receivable over a period

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780273658597

3rd Edition

Authors: Anne Britton, Christopher Waterston

Question Posted: