U1 AOS2: KK8 - Classified accounting reports Flashcards
1
Q
What are the key headings for a cash flow statement?
A
Cash Flows from Operating Activities
Cash Flows from Investing Activities
Cash Flows from Financing Activities
2
Q
What are the main subheadings for an income statement
A
Revenues
less expenses
Net profit/loss
3
Q
What are the main headings for a balance sheet?
A
Current Assets
Non-current Assets
Current Liabilities
Non-current Liabilities
Owners Equity