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Explain the interrelationship of the financial statements. Specifically answer these questions: How are the income statement and balance sheet related to each other? Does the
- Explain the interrelationship of the financial statements. Specifically answer these questions:
- How are the income statement and balance sheet related to each other?
- Does the statement of cash flow use information from both the balance sheet and income statement?
- Describe how the cash flow statement is generated from Sage.
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