Why is it necessary to use comparative balance sheets, a current income statement, and certain transaction data

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Why is it necessary to use comparative balance sheets, a current income statement, and certain transaction data in preparing a statement of cash flows? Discuss.
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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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