Statement of cash flows : This statement reports all the cash transactions which are responsible for inflow and outflow of cash and result of these transactions is reported as ending balance of cash at the end of reported period. To Prepare: The statement of cash flows for Company M, using the Direct Method.

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Chapter 21, Problem 21.23E

To determine

Statement of cash flows: This statement reports all the cash transactions which are responsible for inflow and outflow of cash and result of these transactions is reported as ending balance of cash at the end of reported period.

To Prepare: The statement of cash flows for Company M, using the Direct Method.

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