Transaction between may cause the flow of funds ........

Accountancy (Phase -I & II) Fund flow statement

Transaction between_________ may cause the flow of funds.

Current assets and fixed assets

Current assets and long term liabilities, and capital

Current liabilities and fixed assets

All of the above

flow of funds can be measure through changes in both current and non-current accounts. It deal with following transactions:

(a) Involves between current assets and non-current assets (fixed assets or permanent assets).

(b) Involves between current liabilities and non-current assets.

(d) Involves between current liabilities and non-current liabilities.

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