How does the preparation of the statement of cash flows differ between the direct method...

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Accounting

How does the preparation of the statement of cash flows differ between the direct method and the indirect method? How is the preparation similar between the two methods? Where should you start when preparing the statement of cash flows? Is the starting point different between the direct method versus the indirect method? What documents will you need to prepare the statements? How will you know if you prepared the statement correctly?

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