Month: February 2022

Gross Fixed Assets Balance Sheet

Formula to calculate net fixed assets is Gross amount of fixed assets at the reporting date. C gross fixed assets at cost minus accumulated depreciation. Over its useful life the printer would gradually decapitalize itself from the balance sheet. Gross fixed assets also known as historical cost of an asset or gross book value is […]

Cash Balance In Flow Statement

At the bottom of the cash flow statement the three sections are summed to total a 35 billion increase in cash and cash equivalents over the course of the reporting period. The difference between the total cash inflows and cash outflows on the statement of cash flows equals either a net increase or net decrease […]