Question: 13. The Cash Flow Statement using the Indirect Method is exactly the same as the Cash Flow Statement using the Direct Method except for the

13. The Cash Flow Statement using the Indirect Method is exactly the same as the Cash Flow Statement using the Direct Method except for the net cash provided from operations. True or False 14. The accounting equation, Assets = Liabilities + Owner's Equity is not pertinent to the cash basis of accounting. True or False 15. The chief difference in the balance sheet for a partnership and a corporation relates to the accounting for the owners' equity. True or False

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