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State why cash flow statement is not a substitute for income statement? - Accounts

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प्रश्न

State why cash flow statement is not a substitute for income statement?

अति संक्षिप्त उत्तर
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उत्तर

The cash flow statement only shows how much cash came in and went out, but the income statement shows both cash and non-cash revenue, as well as the net income for the year.

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अध्याय 13: Cash Flow Statement - SHORT ANSWER QUESTIONS [पृष्ठ १३.९८]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 13 Cash Flow Statement
SHORT ANSWER QUESTIONS | Q I. 1. | पृष्ठ १३.९८
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