The How & Why
Direct vs. Indirect method
Net Income & adjustments
Cash from Operations
a. Sources & uses of cash
b. Prepaid expenses
c. Accrued expenses
d. Accounts Payable
e. Accounts Receivable
Example: think about a $150 invoice from an electrician to fix a light switch. The work is performed in March and you have net 30 terms. In …
Continue reading CashFlowABC Episode 17 – Understanding Cash Flow (Part 2)
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