MANAGERIAL ACCOUNTING-CONNECT >CUSTOM<
MANAGERIAL ACCOUNTING-CONNECT >CUSTOM<
17th Edition
ISBN: 9781265133627
Author: Garrison
Publisher: MCG
Question
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Chapter 15.A, Problem 1E
To determine

Cash flow statement: It is used to show the inflow and outflow of cash along with the reason. The cash flow statement can be prepared using 2 methods:

  1. Direct Method
  2. Indirect Method

To prepare: The income statement on cash basis using the Direct Method.

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