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Class 14 Chapter 14 - Student - 2021
Class 14 Chapter 14 - Student - 2021
The Statement of
Cash Flows
Learning Objective 1
Indirect Direct
method method
Starts with
Restates the
accrual income
income in terms
and adjusts to net
of cash
cash
Uses account
Shows actual cash
relationships to
receipts and cash
determine
payments
changes in cash
14-13
Learning Objective 2
Given in example
calculated above
Given in example
calculated above
14-37
Learning Objective 3