Non Cash Revenue On Income Statement
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In 2017 the company will have a depreciation expense of 500 on the income statement and an investment of 2 500 on the cash flow statement.
Non cash revenue on income statement. Nevertheless non cash revenues and expenses are indeed visible on the cash flow statement. Just as non cash expenses do not result in cash outflow non cash incomes do not lead to cash inflow and must therefore be excluded from the year s profit. The first line on any income statement or profit and loss statement deals with revenue. In 2018 the company will have a depreciation expense of 500 on the income statement and no investment recorded on the cash flow statement.
The current year s income statement is reporting depreciation expense of 20 000 but there is no cash payment in the current year for this expense. Alternatively in accounting a non cash item refers to an expense listed on an income statement such as capital depreciation investment gains or losses that does not involve a cash payment. The company determined that the equipment had a useful life of 10 years. But the remainder 750 cannot yet be counted as income.
The two examples of non cash incomes are appreciation in value of a fixed asset arising out its revaluation and profit on sale of a fixed asset. Non cash expense refers to those expenses which are reported in the income statement of the company for the period under consideration but does not have any relation with the cash i e they are not paid in the cash by the company and includes expenses like depreciation etc. Similarly non cash expenses do not add to cash outflows on the cash flow statement. As a result the company s income statement will report depreciation expense of 20 000 a year for 10 years.
They appear on the cash flow statement to show how actual cash inflows and outflows derive from income statement revenue and expenses figures.
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