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Where do you start when creating a statement of cash flows? Select an answer: by drilling down and analyzing expenses directly related to sales separate

Where do you start when creating a statement of cash flows?

Select an answer:

  • by drilling down and analyzing expenses directly related to sales separate from other liability accounts

  • by drilling down and analyzing revenues for a stated period of time separate from other asset accounts

  • by drilling down and analyzing the cash accounts separate from other asset accounts

  • by drilling down and analyzing owners' equity separate from other liability accounts

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