The balance sheet reports cash and cash equivalents

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Reference no: EM131556226

The Balance Sheet reports cash and cash equivalents. The Consolidated Statement of Cash Flows reports cash receipts and cash payments in each of the three categories: Operating activities, Investing activities, and Financing activities. Companies operate by selling goods and services to customers. Operating activities result in net income or net loss, and they either increase or decrease the cash.

Reference no: EM131556226

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