While the FASB is silent on the specific income statement treatment for these variable period costs we believe that these costs are generally more akin to the lease expense. Many companies present both the interest received and interest paid as operating cash flows. Finance Lease cd current 750 Dr. The asset can be purchased through […]

The Governmental Accounting Standards Board GASB issues specific pronouncements for guidance and regulation of governmental financial statements and this course references the applicable standards. A A debit to appropriations Control B A debit to Estimated Revenues Control C A credit to Estimated Revenues Control. INTERFUND TRANSFERS RESIDUAL EQUITY TRANSFERS These are nonrecurring or non-routine transfers […]

In simple words it shows how much money a. These three sources of business cash flow can have a major effect on the growth and strength of your company. Operating Cash Flow OCF is a measure of the amount of cash generated by a companys normal business operations. The operating activities on the cash flow […]