Question

Which of the following questions would NOT be answered by presenting the statement of cash flows?...

Which of the following questions would NOT be answered by presenting the statement of cash flows?

What amount of accounts receivable was considered uncollectible?

Where did the cash come from during the period?

What was the change in the cash balance during the period?

What was the cash used for during the period?
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Answer #1

"What amount of accounts receivable was considered uncollectible?"

Cash flow statement shows the inflow and outflow of cash. The informations like change in cash balance, purpose for which cash was used, sources of cash can be understood from analysing a statement of cash flows. Every cash event has a place in statement of cash slows. Considering a portion of accounts receivable as uncollectible is a non-cash event. It can't be shown in statement of cash flows. So, such a question can't be answered.

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