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The statement of cash flows explains how the cash balance changed during a particular period of time.
Statement
A written or digital document that records the details of a particular financial or operational activity within a specific period.
Cash Flows
The inflows and outflows of cash and cash equivalents, representing the operational, investing, and financing activities of a business.
Cash Balance
The amount of cash a company has available at any given time, reflecting the company's liquidity position.
- Classify the sections of cash flows as outlined in the statement of cash flows.
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Learning Objectives
- Classify the sections of cash flows as outlined in the statement of cash flows.
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