What is Profit And Loss Account? To know about the profit of the business, we have to look at the profit and loss account of that company, then it tells us that my company has earned profit or loss in that financial year. So for this, we have to create […]
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STATEMENT OF CASH FLOWS & OTHER COMMON REPORTS- 2
Statement of cash flow The statement of cash flows shows the flow of cash within the business, including where it came from and how it was spent during a specific time period. Cash flows is categorized into 3 types of activities 1 operating activities:- shown how much cash was generate […]
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