what is the fund flow and cash flow? what's diffenence
between
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.
| Is This Answer Correct ? | 3 Yes | 1 No |
If an overpayment (more than was paid) was posted on a statemnt, can I just make a debit note on the account with the difference? Example Customer had to pay me R 10 000 Payment on his statment was passed for R 15 000 Can I make a debit note with the dif of R 5 000, to rectify the account for the specific month?
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EXPAND___________NSA