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Deschamps Ltd. is headquartered in Edmonton, AB. They are publicly-traded and follow IFRS. As such, they've adopted the policy of classifying interest Incial Position and

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Deschamps Ltd. is headquartered in Edmonton, AB. They are publicly-traded and follow IFRS. As such, they've adopted the policy of classifying interest Incial Position and Income Statement for the 1. The cash equivalents are typically term deposits that are very liquid and mature on average in 60 days. The bank overdrafts are temporary and reverse within a few days. Deschamps has opted to show these as cash and cash equivalents on its statement of cash flows. A. Prepare the Statement of Cash Flows for the year ended December 31, 2022, for Deschamps ttd. using the indirect method. Your response should include a table that shows the detalis of the cash and cash equivalents accounts at the end of each period. 8. Prepare the operating activities section of the statement using the direct format, showing all supporting calculations. Deschamps Ltd. is headquartered in Edmonton, AB. They are publicly-traded and follow IFRS. As such, they've adopted the policy of classifying interest Incial Position and Income Statement for the 1. The cash equivalents are typically term deposits that are very liquid and mature on average in 60 days. The bank overdrafts are temporary and reverse within a few days. Deschamps has opted to show these as cash and cash equivalents on its statement of cash flows. A. Prepare the Statement of Cash Flows for the year ended December 31, 2022, for Deschamps ttd. using the indirect method. Your response should include a table that shows the detalis of the cash and cash equivalents accounts at the end of each period. 8. Prepare the operating activities section of the statement using the direct format, showing all supporting calculations

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