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The statement of cash flows: ties the statement of financial position to the statement of retained earnings Summarises a company's inflows and outflows of cash
The statement of cash flows:
ties the statement of financial position to the statement of retained earnings | ||
Summarises a company's inflows and outflows of cash over a period of time | ||
along with the statement of financial position and statement of comprehensive income is prepared on the accrual basis | ||
along with the statement of financial position and statement of retained earnings is dated as of a specific year end date |
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