Difference in the statement of cash flow and the income statement:

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Difference in the statement of cash flow and the  income statement:


 The cash flow and the income statement are the essential parts of a corporate balance sheet.
A cash flow represents the exact amount of company’s cash inflows and utflows over a period of time.
The income statement is the most common financial statement and shows company’s revenues and total expenses, including noncash accounting, such as depreciation over a period of time.


By Kahkshan Asif ☺

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