Compare and contrast the purpose of the statement of income and the statement of cash flows. Outline

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Compare and contrast the purpose of the statement of income and the statement of cash flows. Outline how they differ, and briefly describe their relationship to the statement of financial position.

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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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Question Posted: Jun 11, 2015 06:37 AM

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Compare and contrast the purpose of the statement of income and the statement of cash flows. Outline

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The statement of income shows the revenue and expenses for a period of time based on accrual account...View the full answer

Understanding Financial Accounting

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