Ask Question
BusinessBusiness
28 February, 03:03

The difference between the beginning and ending cash balances shown on the balance sheet a. is added to net income to obtain total cash inflows. b. serves as a control figure for the statement of cash flows. c. is deducted from net income to obtain net cash inflows. d. is the source of all investing and financing activities. e. is both "deducted from net income to obtain net cash inflows" and "the source of all investing and financing activities".

+1
Answers (1)
  1. 28 February, 06:03
    0
    b. serves as a control figure for the statement of cash flows.

    Explanation:

    As we know that

    The beginning balance of the cash is come from the trail balance and the ending balance is computed by preparing the cash flows statements which comprises of operating, financing, and the investing activities

    So the both ending and the beginning balance of the cash could be presented on the cash flow statement
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The difference between the beginning and ending cash balances shown on the balance sheet a. is added to net income to obtain total cash ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Julius bought his laptop and smartphone when these products had just entered their respective growth stages.
Answers (1)
Ben schumpert decides his company will start exporting and he wants to start at the most basic level. what action should ben take to meet his objectives?
Answers (1)
When irobot introduced new robot models that would clean gutters and mop floors, this innovation represented which type of market growth strategy?
Answers (2)
Donavan spent the day talking with a packaging company in Guam, a lighting specialist in Japan, a touchpad expert in the U. S., a prototype design firm in Malaysia, as well as a shipping firm in China.
Answers (1)
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 22,000 defective units that cost $6 per unit to manufacture. The units can be a) sold as is for $2.
Answers (1)
New Questions in Business
what is the best place to obtain a masters degree! A) community college. B) public high school. C) trade school. D) university
Answers (1)
A three-line-to-eight line decoder has inputs cba where the a input is the lsb (least significant bit). the output and gates are labeled q0 through q7. one would normally expect the output of and gate q4 to be active when the inputs are:
Answers (1)
In a suburban community outside a city in Alabama, a retail store opened that specialized in dancewear for children and adults.
Answers (1)
A company can choose to use FIFO inventory costing methods for the financial statement and can elect to use either LIFO or FIFO on the tax return, however if you use LIFO for books then you must use LIFO on the tax return A. True. B. False.
Answers (1)
Which Act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in motion?
Answers (1)
Home » Business » The difference between the beginning and ending cash balances shown on the balance sheet a. is added to net income to obtain total cash inflows. b. serves as a control figure for the statement of cash flows. c.
Sign Up Forgot Password?