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Balance Sheet & Cashflow
Assumes a connection to the Profit & Loss Statement, and a fiscal year starting in January
assuming a fiscal year starting in January
For indirect cashflow statements, make sure every Balance Sheet item is accounted for in the cashflow statement. As a general rule:
- 1.For Assets cash change is
- 2.For Liability and Equity, cash change is the opposite (current - previous).
The following items assume a connection to a Balance Sheet: