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Give one limitation of Cash Flow Statement. - Accounts

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Question

Give one limitation of Cash Flow Statement.

Very Short Answer
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Solution

Cash Flow Statement excludes non-cash transactions, such as the issuance of shares in exchange for the acquisition of fixed assets or the conversion of debentures into shares.

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Chapter 15: Project Work - PROJECT WORK PROBLEMS [Page P-34]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 15 Project Work
PROJECT WORK PROBLEMS | Q 3. | Page P-34
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