Luis and Green county- week 4 application

Luis and Green county- week 4 application - Running Head...

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Running Head: FINANCIAL STATEMENTS FINANCIAL STATEMENTS
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Running Head: FINANCIAL STATEMENTS PART 1: Statement of Cash Flow for Enterprise Fund
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Running Head: FINANCIAL STATEMENTS Analysis on similarities and differences Similarities Considering the two statement. There has been a division of between different components of the statement such as cash received and cash paid for: operating activities, investing activities and financial capital and non-financial activities. In order to acquire value for actual cash received or paid for an all activities, Amount spent or expenses incurred by the company have been input as negative value so as to differentiate with those that are received. The values in the brackets represent negative values in accounting form. Differences However, the actual statement contains a number of columnar division having distinct components such as airport column, carrying amount, fair value, State water project, Lopez flood control and Naciento water contract. Therefore every entity has been defined using its own
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