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 prepare: The partial statement of cash flows using the indirect method.

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Chapter 17, Problem 7E

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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 prepare: The partial statement of cash flows using the indirect method.

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