Explain the use of a worksheet in preparing a statement of cash flows. When numerous...
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Accounting
Explain the use of a worksheet in preparing a statement of cash flows.
When numerous adjustments are necessary or other complicating factors are present, companies often use a worksheet to assemble and classify the data that will appear on the statement of cash flows. The worksheet is merely a device that aids in the preparation of the statement.
Would you prepare a worksheet?
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You can see the logs in the Dashboard.