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In preparing the statement of cash flows, the correct order of reporting cash activities is financing,...

In preparing the statement of cash flows, the correct order of reporting cash activities is financing, operating, and investing. True

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Answer #1

Ans:False

For preparing the statement of cash flows, the correct order of reporting cash activities is

operating, and investing,Financing

cash flow from Opareting activitys are calculated throgh Direct,indirect method After

cash flow from investing activites in this record transactions like sale,purchase of assets which involves movement of cash

cash flow from Financing activites in this record transactions like issue of shares,Debentures,Repayment and payment of Dividend,payment of loan etc

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