The direct method lists the major sources of cash receipts and disbursements-for example, cashcollections from customers and cash payments to suppliers and to employees.
The bank statement will show the beginning and ending cash balance deposits, collections made by the bank for the company, checks paid, deductions from service fees and other charges.
The bank statement will show the beginning and ending cash balance deposits, collections made by the bank for the company, checks paid, deductions from service fees and other charges.