Question
The ending cash balance shown on the statement of cash flows must agree with the amount shown on the balance sheet for the same fiscal
The ending cash balance shown on the statement of cash flows must agree with the amount shown on the balance sheet for the same fiscal period.
I cannot understand this, how can it be explained?
balance sheet includes assets (current and noncurrent), liability, stockholder's equity, so the amount of cash flow equals to which one of these three?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
14th Global Edition
978-0273753872, 0273753878
