indirect method is that method in which net income from income statement is adjusted for non cash items like deprecation to arrive at actual cash flow from operating activities.
By usin cheques,it can be a cross cheques or open cheques
Cash accounting and accrual accounting are two methods of accounting in cash accounting system all expenses and revenues are recorded when actual cash is paid or received while in accrual profit and loss statement, revenues and expenses are recorded when they are actually occurred and timing of receipt and payment of cash is not important.
There are two main methods of estimating working capital within a firm. These include the conventional method which measures cash flow, and the concept of operating cycle.
Basically there are various methods of accounts payables and differ from company to company. most of the petty cash expenses are paid in cash and other payament is made through cheques.
which of the following methods is effective in controlling balance of payments ?
get a giant plug
No
EXPLAIN THE METHODS OF CONTROLLING THE PURCHASE OF MANUFACTURED PRODUCTS AND SERVICES
Education
Fear and Awe
The only methods of payment that are currently accepted on the Chicago Skyway are : Cash, EZPass, and IPass. Cash is only accepted if you drive through the "Cash Only" lane.
Yes direct and indirect methods are just different reporting styles and it doesn't means that by making cash flow statement from different methods may change the amount of cash flows.
Put it in a cash ISA
Following are methods:1 - direct method2 - indirect method
nithing
Cash flow from operating activity is the only activity which is calculated using two different methods that is direct method and indirect method while other two cash flows are calculated in same manner in both of methods.