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What is Differences Between Fund Flow and Cash Flow Statements about?
The document discusses the key differences between a funds flow statement and a balance sheet, as well as between a funds flow statement and a cash flow statement. It notes that a balance sheet shows financial position on a date, while a funds flow statement shows changes in working capital over time. It also explains that a funds flow statement includes all items affecting working capital, while a cash flow statement only includes cash transactions. Finally, it outlines some main uses and advantages of a c
- Author
- Durga Prasad Tripathy
- Language
- EN