If the statement of cash flows shows the following, what is the year-end cash balance?
Increase in cash $ 4,000
Cash at beginning of year 18,000
Question 1 options:
Statement of cash flows:
This statement reports all the cash transactions which are responsible for inflow and outflow of cash, and result of these transactions is reported as ending balance of cash at the end of reported period. Statement of cash flows includes the changes in cash balance due to operating, investing, and financing activities. Ope...
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