15. Balances of nominal accounts are transferred to the Capital account in the SFP. * 34. Statement of Cash Flows explains the observed difference in the cash balance from the beginning to the end of...

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15. Balances of nominal accounts are<br>transferred to the Capital account in the<br>SFP. *<br>34. Statement of Cash Flows explains the<br>observed difference in the cash balance<br>from the beginning to the end of the period.<br>35. The bottom line of the Statement of<br>Cash Flows is equivalent to the cash<br>balance presented on the Statement of<br>Financial Position. *<br>

Extracted text: 15. Balances of nominal accounts are transferred to the Capital account in the SFP. * 34. Statement of Cash Flows explains the observed difference in the cash balance from the beginning to the end of the period. 35. The bottom line of the Statement of Cash Flows is equivalent to the cash balance presented on the Statement of Financial Position. *

Jun 11, 2022

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15. Balances of nominal accounts are transferred to the Capital account in the SFP. * 34. Statement of Cash Flows explains the observed difference in the cash balance from the beginning to the end of...

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