The statement of cash flows provides a summary of money coming into and going out of the firm and tracks a company's cash receipts and cash payments.

Question

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The statement of cash flows is a financial statement that summarizes the cash inflows and outflows of a company during a specific period of time. It provides information on where the company's cash came from (cash receipts) and where it went (cash payments).

The Statement of Cash Flows Provides a Summary of Money