Question: In preparing the statement of cash flows, we are interested in changes in the balance sheet accounts from one accounting period to another. The purpose
In preparing the statement of cash flows, we are interested in changes in the balance sheet accounts from one accounting period to another. The purpose of the statement of cash flows is to provide information about items that caused the c _____ in cash from one balance sheet to another. This will help us to understand the sources and uses of cash during the accounting period.
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