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Why is ‘Cash Flow Statement’ Prepared? State. - CBSE (Arts) Class 12 - Accountancy

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Question

Why is ‘Cash Flow statement’ prepared? State.

Solution

Cash Flow Statement is prepared to ascertain gross inflows and outflows of cash and cash equivalents from business activities of operating, investing and financing.

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Solution Why is ‘Cash Flow Statement’ Prepared? State. Concept: Concept of Cash Flow Statement.
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