Chapter 24 – The Statement of Cash Flows
Chapter 24
The Statement of Cash Flows
1. Usually, there is a difference between the net income reported on the income statement and
the net cash from operating activities shown on the statement of cash flows.
2. The statement of cash flows provides information about cash flows from operating
activities, investing activities, and financing activities.
3. An increase or decrease in accounts payable during a fiscal period has no effect on the net
cash provided by operating activities.
