State how Cash Flow Statements are historical in nature? Post category:Accountancy Reading time:1 mins read SOLUTION Cash Flow Statement is historical in nature because it is prepared on the basis of Profit and Loss Account and Balance Sheet, which is based on past transactions. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhile preparing Cash Flow Statement what type of activity is, ‘Payment of Cash to acquire Debentures by an Investment company’? Next PostUnder which type of activity will you classify ‘Issue of Equity Shares at Premium’ while preparing cash-flow statement? You Might Also Like If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022 If total assets of a firm are Rs. 6,00,000 and total liabilities are Rs. 1,80,000, what will the capitals of P, Q and R if they share profits in the ratio of their capitals and profit-sharing ratio is 5: 4: 3. September 27, 2022 From the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities: August 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022
If total assets of a firm are Rs. 6,00,000 and total liabilities are Rs. 1,80,000, what will the capitals of P, Q and R if they share profits in the ratio of their capitals and profit-sharing ratio is 5: 4: 3. September 27, 2022
From the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities: August 18, 2022