Hi Sir!
Many times when i am doing questions on statement of cash flows i notice that sometimes the books do ledgers for some workings for example tax and government grant. And sometimes they do not do that workings.
My question is how will i know which items of the statement of cash flow will require a ledger as workings and when will it not require it.
Thank you for your time and consideration
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Statement of cash flows
2y ago#1Hi,
Everything can be done both ways and you will get the same answer. I prefer to use ledgers/T-accounts but others prefer workings. What you decide to use depends on what you understand best.
Thanks
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