Answer / reshma

Fund flow statement will provide us the information about
the different sources of fund and their various uses in
particular time.

The fund flow statement summarising the financial changes
which were occured b/w the begining & the end of a company
accountiong year.

Cash Flow - A messure of a company's financial
health.Equals to cash receipt minus cash payment over a
giver period of time.

1. A firm buys stock for $100 by cheque and intends to sell it for $200, so the double entry should be a) Debit bank $100 and credit stock $ 100 b) Credit bank $ 200 and debit stock $ 200 c) Debit purchases $100 and credit sales $ 200 d) Debit purchases $ 100 and credit bank $ 100

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