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If a company has a revolving line of credit that they are actively using by borrowing money and making repayments during the year, under what
If a company has a revolving line of credit that they are actively using by borrowing money and making repayments during the year, under what circumstances would it be acceptable to report a net amount for the borrowing and repayment activity associated with the line of credit when preparing the Cash Flow Statement? Please explain.
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