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Direct And Indirect Method

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Direct And Indirect Method

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9 Pages Partial Study Notes > 2 Years old
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Direct And Indirect Method
Topics this document covers:
Finance Balance sheet Income statement Depreciation Cash flow statement Asset Accountancy Generally Accepted Accounting Principles Expense Accrual Amortization Operating cash flow
This is a Partial Set of Study Notes

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Topics this document covers:
Finance Balance sheet Income statement Depreciation Cash flow statement Asset Accountancy Generally Accepted Accounting Principles Expense Accrual Amortization Operating cash flow
Sample Text:
This will involve understanding the way in which accounts are linked together and effect cash. Deriving the amount that is cash : Which accounts are matched/ related to cash transactions For each of these accounts we put in the T accounts, the opening, closing and other transactions, then figure out how much cash must be to balance everything out. In figuring out other transactions we may have to further do the T accounts of accounts which effect them. Note Operating activities: includes everything not in investing and financing. Like interest received and paid, dividends received, taxes etc Investing activities: buying and selling NCA Financing activities: change in the ca...
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