Cash Flow Statement CFS Definition, Calculation, & Example
All of our content is based on objective analysis, and the opinions are our own. A decrease in creditors or bills payable will reduce cash, whereas an increase in creditors and bills payable will increase cash. Interest paid or received will find a place in the profit and loss account and cause the movement of cash. Some transactions, such as the sale of an item of plant, may produce a loss or gain, which is included in the...