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 Ancient Minoans and Mycenaeans. The Greeks trace their culture back to two earlier cultures known as the Minoans and the Mycenaeans. The Minoans were named after the legendary King Minos. A large palace had been discovered at Krossos on the island of Crete.It is believed to have been built around 2000 B.C.he Ancient Minoans and Mycenaeans. The Greeks trace their culture back to two earlier cultures known as the Minoans and the Mycenaeans. The Minoans were named after the legendary King Minos. A large palace had been discovered at Krossos on the island of Crete.