When using the spreadsheet for the statement of cash flows indirect method entries made on the spreadsheet are ?
When using the spreadsheet for the statement of cash flows indirect method entries made on the spreadsheet are ?
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 12Q: Explain the purpose of the statement of cash flows and why this statement is needed.
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When using the spreadsheet for the statement of
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Step 1
In Indirect method of cashflow statement we start with net income and few adjustments after that we do our solution as we do in Direct method.
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