Statement of sources and application of funds

Statement of sources and application of funds,

Definition of Statement of sources and application of funds:

1. An old type of financial report (replacing a cash flow statement) that summarizes transactions that (1) increase working capital, such as: net income, sale of securities, depreciation and tax deduction Or (2) cash flow such as buying machine tools, paying profits, paying debts, paying taxes. It is also called a list of sources and funds, a list of changes in financial status, a list of changes in financial status or just a list of funds.