Cash Flow Statements (27)

Question 1

Cash To Suppliers

Answer 1

COGS + change in inventory - change A/P

Question 2

Cash to Customer

Answer 2

Sales - change in A/R

Question 3

Under which accounting system(s) do taxes on income have to be disclosed separately?

Answer 3

IFRS & GAAP

Question 4

Where should non-cash transactions be disclosed?

Answer 4

in the supplementary notes; not in a specific account. Example is the conversion of converts to common stock.