Does the indirect method of accounting deal with not only cash even though it is a cash flow statement?
Wednesday, May 3rd, 2006Yes asked: Why do things like accounts payable and change in prepaid rent, inventory, and receivables show up in the statement of cash flows under the indirect method? Aren’t only quantities involving a direct transfer of cash supposed to be listed? Aren’t cash flow statements only supposed to list cold, hard, cash transactions, [...]
