The statement of cash flows is prepared from all of the following except

Name: The statement of cash flows is prepared from all of the following except
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Question

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The statement of cash flows is prepared using comparative balance sheets, selected transaction data, and the current income statement. It is not directly prepared from the adjusted trial balance, which is primarily used for preparing other financial statements like the income statement and balance sheet.

The Statement of Cash Flows Is Prepared from All of the Following