Last Statement- Statement of Cash Flow (indirect method)

Last Statement- Statement of Cash Flow (indirect method)

Estefany Munoz

2017-12-09

Summarized all cash inflow and outflow from operating, investing, and financing business activities. The direct, or indirect method is used by entities to present this statement. Under the direct method, operating activities will begin with the amount of cash collected from customer and cash paid for supplies; On the other hand, the indirect method will begin with net income.