Question: T/F and explaination: 1/The cash flow statement summarizes the cash flows into and out of an entity TrueFalse 2/The cash flow statement summarizes the cash

T/F and explaination:

1/The cash flow statement summarizes the cash flows into and out of an entity

TrueFalse

2/The cash flow statement summarizes the cash flows into and out of an entity

TrueFalse

3/Accrual accounting is an application of the matching rule

TrueFalse

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