Why is it necessary to convert accrual basis net income to cash basis income when preparing a

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Why is it necessary to convert accrual basis net income to cash basis income when preparing a statement of cash flows?

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Sep 21, 2011 01:36 PM

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Why is it necessary to convert accrual basis net income to cash basis income when preparing a

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