The change in cash for the year can be calculated by comparing the balance of cash reported

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The change in cash for the year can be calculated by comparing the balance of cash reported in this year's and last year's balance sheet. Why is the statement of cash flows needed?

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 13, 2016 03:44 AM

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The change in cash for the year can be calculated by comparing the balance of cash reported

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Cash flow statement Cash flow statement is the statement that shows ...View the full answer

Financial Accounting

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