Complete the steps in developing the statement of cash flows

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1. The land account may be used only to explain a use of cash, but not a source of cash. Comment.

2. Indicate the three techniques that may be used to complete the steps in developing the statement of cash flows

3. There are two principal methods of presenting cash flow from operating activities-the direct method and the indirect method. Describe these two methods.

Reference no: EM131318280

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