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    Statement of Cash Flows Assignment

    A cash flow statement indicates the payment and receipts of any business. Even a small error in any single entry can result in a major blunder in the company's accounts and turnover. Earning profit is one of the most important visions of any company, if not the only. And unless the exact profit highlights in the account books, the business would never head in the desired direction. The significance of a cash flow statement can be understood from the fact that it is one of the four statements required by the GAAP. All the finance students are expected to master this subject at the their graduation and post-graduation level. Apart from the practical application of this subject, it also holds great significance for a student pursuing a career in accounts.

    Cash flow as a subject does not require long hours of studies to achieve excellent grades. If you manage to keep certain critical points in your mind, you could easily end up fetching good grades in the cash flow statement assignments. A careful entry of all the transactions in the applicable column would ensure that you are on the right track in your cash flow statement assignment.

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