Because it's ignoring the beginning balance as adjusted net income reflect change in operating activity during the year without considering beginning balance.
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Emad Elmesalami
Director/Manager
Riyadh
Saudi Arabia
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Original Message:
Sent: 07-03-2020 05:09 PM
From: Hend Abdel-Gafar
Subject: cash flows
A statement of cash flows can partially reconcile which of the following?
| Net income to net change in cash |
| Net income to year-end cash balance |
| The cash basis and accrual bases of accounting |
| Investing activities to financing activities |
why b is wrong
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Hend Abdel-Gafar
Accountant
Cairo
Egypt
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