1. Please explain briefly three activities on Statement of Cash Flow. 2. Please explain the...

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Accounting

1. Please explain briefly three activities on Statement of Cash Flow.

2. Please explain the difference between direct and indirect method of reporting cash flow.

3. Please provide examples of adjustments for income statement items (expenses or gain/loss) under indirect method.

4. How do non cash transactions get reported on statement of cash flow? Do they get reported at all?

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