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

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2
Q

What are the main subheadings for an income statement

A

Revenues
less expenses
Net profit/loss

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3
Q

What are the main headings for a balance sheet?

A

Current Assets
Non-current Assets
Current Liabilities
Non-current Liabilities
Owners Equity

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