Explain the difference between the direct and indirect formats for presenting the statement of cash flows.

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Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Question Posted: Mar 25, 2015 11:54 AM

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Explain the difference between the direct and indirect formats for presenting the statement of cash flows.

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The direct format indicates the amounts of cash received or paid in conne...View the full answer

Introduction to Accounting An Integrated Approach

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