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  • Qn. 1 Explain The Differences Between A Statement of Comprehensive Income and A Cash Flow Statement

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    gmurali_179568
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    A statement of comprehensive income reports the revenues and expenses of a company over a period of time, showing its net profit or loss. In contrast, a cash flow statement reports the actual movement of cash in and out of a business over a period, specifically tracking operating, investing, and financing activities. It reconciles net income with the change in cash from the beginning to the end of the period.

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    Income Statement and CFS

    Original Title

    Cash Flow Statement - Distinction

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    A statement of comprehensive income reports the revenues and expenses of a company over a period of time, showing its net profit or loss. In contrast, a cash flow statement reports the actual movement of cash in and out of a business over a period, specifically tracking operating, investing, and financing activities. It reconciles net income with the change in cash from the beginning to the end of the period.

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    14 views1 page

    Qn. 1 Explain The Differences Between A Statement of Comprehensive Income and A Cash Flow Statement

    Uploaded by

    gmurali_179568
    A statement of comprehensive income reports the revenues and expenses of a company over a period of time, showing its net profit or loss. In contrast, a cash flow statement reports the actual movement of cash in and out of a business over a period, specifically tracking operating, investing, and financing activities. It reconciles net income with the change in cash from the beginning to the end of the period.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
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    Qn.

    1 Explain the differences between a statement of comprehensive income and a cash flow
    statement.

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