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Explain the changes in the balance sheet accounts

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Problem 1: The last step in the preparation of the statement of cash flows worksheet is to enter the data which explain the changes in the balance sheet accounts in the reconciling columns of the work sheet.

  1. balance sheet accounts and their beginning balances in the balance sheet accounts section.
  2. balance sheet accounts and their ending balances in the balance sheet accounts section.
  3. increase or decrease in cash on the cash line and at the bottom of the worksheet.

Reference no: EM132736685

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