What is the purpose of cashflow statement ? What are the activities  that are  affecting the cashflow statement?

Q: Why is the actual timing of cash inflows and outflows is ignored?

A: Cash inflows and cash outflows is the main integral part of the business. Without investment one can’t…

Q: What do you mean by tangible real accounts and intangible real accounts?

A: Real Account :Real Accounts are the ones that are related with properties, assets or possessions.…

Q: In what manner can cash receipts and cash disbursements be controlled?

A: Budget: A budget is an estimation to determine the income that will be earned and expenses that will…

Q: What is the nature of the account Fund balance with Treasury? When is that account debited, and when…

A: Nature of accounts helps management to record the financial transactions as per double entry system…

Q: What's the difference between a cash business and cash accounting?

A: A business that runs primarily on cash transactions is known as a cash business. The business may…

Q: Why is careful management of accounts receivable and accounts payable so essential to ensuring…

A: Accounts receivables are resources that are generally classified as current assets, implying that…

Q: What are the different risks associated in the accounting of cash

A: The element of risk arises in each and every area and how well we can minimise or reduce the risk is…

Q: separation of duties

A: Separation of duty is the internal conttro process by which the company avoids the fraud and…

Q: Why do net income and net cash flow differ?

A: Net income vs Net cash flow:

Q: What is a "proof of cash? What purpose does it serve?

A: A four-column bank statement prepared by auditors is called proof of cash. It has a detailed…

Q: what are the differences between profit and cash?

A: Profit and cash are two quite related but two different things.

Q: Distinguish between the roles played by investment banks andfinancial intermediaries in exchanging…

A: The question is based on the concept of role of financial intermediaries and investment banks in…

Q: Is Capital debit or credit?

A: As per Business Entity concept Business is treated as an entity which is different from Proprietor.…

Q: What are the common internal controls over cash receipts and cash disbursements?

A: Introduction: Internal control relates to a company's policies and plans, as well as extra efforts…

Q: What is manipulation of receivables? How does it relate to accounting? Why is it so important?

A: Approach to solving the question: Analyze the question. Detailed explanation:Manipulation of…

Q: classification of the cash

A: Word cash, paid, cheque is Given in Transaction then it will Deemed / Considered Cash Transactions.

Q: posit multiplier and money multiplier ? Explain.

A: Deposit Expansion Multiplier System The deposit expansion multiplier is also known as Deposit…

Q: What is the difference between cash expenses and non cash expenses?

A: Rent expense, salary expenses, insurance expense, depreciation expense, amortization expense, and…