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Why is it necessary to convert accrual based net income

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Reference no: EM131110601

1. Why is it necessary to convert accrual-based net income to a cash basis when preparing a statement of cash flows?  

Reference no: EM131110601

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Why is it necessary to convert accrual based net income : Why is it necessary to convert accrual-based net income to a cash basis when preparing a statement of cash flows?
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