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1. cash flow statement is a technique of past analysis where as cash budget is a technique of future financial forecasting.
2. cash flow covers a period of 1 year. in cash budget it is broken into monthly weekly segments.
3.cash flow does not emphasis on a particular source and use. cash budget emphasis on financial pattern to meet seasonal and temporary cash need.
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What is the difference between a cash budget and an income statement?
Income Statement is a financial statement which shows all the income and expenses of company, while cash statement shows the receipts and payments of company. In cash based accounting system cash statement is also work as a income statement as everything is dealt on cash bases but in accrual accounting tracking of receipts and payments and income and expense is a separate tasks.
Difference between cash flow statement and income statement?
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
What is the difference between Cash flow statement and income statement?
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
Which budget is NOT necessary to prepare the budgeted balance sheet?
budget statement of cash flow
What is the difference between Cash flow statement and Cash flow budget?
Cash Flow Statement shows the actual flow of cash& Cash Flow Budget shows you the estimated flow. For more information you can listen to the radio station specifically dedicated to explaining Cash flow on Achieve radio.
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
What is the difference between budget and cash?
Budget is forecasting future cash needs and cash is most liquid form of money at present.
What is the difference between a cash budget and an income statement?
Income Statement is a financial statement which shows all the income and expenses of company, while cash statement shows the receipts and payments of company. In cash based accounting system cash statement is also work as a income statement as everything is dealt on cash bases but in accrual accounting tracking of receipts and payments and income and expense is a separate tasks.
Difference between cash flow statement and income statement?
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
What is the difference between Cash flow statement and income statement?
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
Which budget is NOT necessary to prepare the budgeted balance sheet?
budget statement of cash flow
The difference between an income statement and cash flow statement?
Income statement shows the income or expenses related to one fiscal year while cash flow statement shows the cash inflows and outflows from different areas of business.
What is the difference between a proforma cash flow statement and a cash flow statement?
A cash flow statement is a financial statement that shows the changes in a company’s cash position over a given period. A cash flow projection is an analysis of how the company will make money in the future. The difference between these two statements is that the projection includes information about what will happen to a company's cash balance from now until then, whereas the statement only shows how much money has been made or spent during that time period.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
The overall change in cash calculated on the statement of cash flows will always be the same as?
The difference between the beginning and ending cash balances on the balance sheet.
