Cash & cash equivalents at the end of the year as derived from a cashflow statement must be equal to the organization’s cash reserves (or cash account balance) as reported on the balance sheet.
Same can be verified using Statement of cashflow & the Balance sheet as published below for the Krishna Corporation.
Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows.
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.
Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows.
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.
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