The cash flow statement is a financial statement that is prepared by the company to check the net decrease or increase in the cash balance during the year. The cash flow statement records the cash outflows and cash inflows during the year. To calculate: The cash flows from the given accounts using the direct method.

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Chapter 17, Problem 14E

To determine

Introduction: The cash flow statement is a financial statement that is prepared by the company to check the net decrease or increase in the cash balance during the year. The cash flow statement records the cash outflows and cash inflows during the year.

To calculate: The cash flows from the given accounts using the direct method.

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