Walt Jax, the owner-president of Computer Services Company, is unfamiliar with the statement of cash flows that

Question:

Walt Jax, the owner-president of Computer Services Company, is unfamiliar with the statement of cash flows that you, as his accountant, prepared. He asks for further explanation. 


Instructions 

Write him a brief memo explaining the form and content of the statement of cash flows as shown in Illustration 12.14.

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Related Book For  answer-question

Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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