🔥 RELATIONSHIP BETWEEN FINANCIAL STATEMENTS [PART : 3] 🔥
ALL ABOUT ACCOUNTING : 48th BLOG 💎 ACCOUNTING💎 ★ Accounting exercise and practices : Lesson : 5 [Part : 3] Hi friends 🙏 Today's discuss remaining part of Relationship between Financial Statements. So let's discuss .... * RELATIONSHIP BETWEEN FINANCIAL STATEMENTS : ★ THE CASH FLOW STATEMENT : Cash flow is the net amount of cash that an entity receives and disburses during a period of time. A positive level of cash flow must be maintained for an entity to remain in business, while positive cash flows are also needed to generate value for investors. The time period over which cash flow is tracked is usually a standard reporting period, such as a month, quarter, or year. Cash inflows come from the following sources: Operations. This is cash paid by customers for services or goods provided by the entity. Financing activities. An example is debt incurred by the entity. Investment activities. An example is the gain on invested funds. Ca