Why is it necessary to convert accrual-based net income to
1. Why is it necessary to convert accrual-based net income to a cash basis when preparing a statement of cash flows?
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1 unlike the other major financial statements the statement of cash flows is not prepared from the adjusted trial
1 why is it necessary to convert accrual-based net income to a cash basis when preparing a statement of cash
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1 broussard company reported net income of 35 million in 2010 depreciation for the year was 520000 accounts receivable
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