the financial statement present a company to the public in financial terms. whic

Question

the financial statement present a company to the public in financial terms. which financial statement identified where cash was generated and where it was spent the year, and identify the three major parts of this statement the financial statement present a company to the public in financial terms. which financial statement identified where cash was generated and where it was spent the year, and identify the three major parts of this statement the financial statement present a company to the public in financial terms. which financial statement identified where cash was generated and where it was spent the year, and identify the three major parts of this statement

Explanation / Answer

FInancial statements generelly refer to the combination of Income statement , balance sheet , cash flow statements , notes to accounts and certain other statements as mandated by various statutes.

Out of these statements it is the cash flow statement which identifies the source of cash and uses of cash.

The cash flow statement divides the cash flows into three major parts i.e.,

1.Cash flow from operating activities

2. cash flow from investing activities

3. cash flow from financing activities.

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