A Cash Flow Statement discloses the flow of Cash to the company. When the accounts payable increases, the money of company gets blocked, so the Cash flow stops and hence an increase in the Accounts Receivable is shown as negative.
Phoenicians Colonies Colony at Kition, Cyprus Around 1100 B.C. the Phoenicians began creating colonies all across the Mediterranean -- even on the Atlantic coasts of Europe and Africa.pain. The early colony at Cadiz -- known to the Phoenicians as Gadir and to the Romans as Gades -- was gradually joined by more cities: Abdera (modern Adra), Sexi (modern Almu car), Malaka (modern Malaga) and Carteia (on the Bay of Gibraltar).
Between 2000 and 1600 BCE mainland Greece and the Peloponnese were invaded by a new people, the Greeks. They were warrior-herdsmen, looking for new pastures for their herds. These Achaeans were an Indo-European people whom the Hittites called the Ahiyawa. As they came into Greece they ceased their semi-nomadic lifestyle and settled in Thessaly, Boetia, Attica, Argolis and Messenia. Each city was ruled by a king from the warrior/landowning aristocracy, called the wanax. The cities began to trade in the Aegean and eastern Mediterranean. These people are known today as the Mycenaeans, and their culture thrived between 1400 and 1200 BCE. Each city-state had a fortified palace surrounded by massive defense walls. Outside of the large estate of the wanax, farmland was collectively owned. Below the free lower classes, there were slaves.