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I am struggling with this accounting prompt: Explain the significance of the statement of cash flow. What is the distinction between the indirect method and

I am struggling with this accounting prompt:

Explain the significance of the statement of cash flow. What is the distinction between the indirect method and the direct method when preparing the statement of cash flow?

Please explain in detail so I can really grasp the information and use your OWN original work and not from the internet. I rate all of my answers.

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