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).
The Phoenicians arrived by ship and blended with the Cretans over a period of time, settling themselves, planting vineyards, olive groves and villas-essentially the Minoans were the children of them both, with many elements drawn from old Cretan society, but taking on the majority of Phoenician principles and rules.uestions on Minoans and Phoenicians contact with each other. Minoans rise to prominence seems to come around the of 2000 BC roughly. The Phoenician site of Byblos has been settled since 6000 BC, while the city of Tyre has been in use since 2700 BC.