Examlex
What does the preparation of reversing entries accomplish?
Investing Activity
A category in the cash flow statement that shows how much money has been spent on or gained from investment operations, excluding amounts related to day-to-day operations.
Indirect Method
A method for preparing the cash flow statement where net income is adjusted for non-cash transactions, deferred income, and changes in working capital to compute net cash from operating activities.
Statement Of Cash Flows
A financial report summarizing the amount of cash and cash equivalents entering and leaving a company.
Book Value
The net value of a company's assets as recorded on its balance sheet, minus its liabilities and intangible assets, such as goodwill.
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