
Cash flow statement does not take into account the offsetting movements among the individual current assets and liabilities. An increase or decrease in the individual elements (other than cash) and liabilities affect cash in different ways. For example, an increase in sundry creditors and bank overdraft have different implications in terms of repayment of cash. Sundry creditors' bill may fall due after one month or two months.
Details
- Publication Date
- Feb 13, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
Specifications
- Format