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Business, 06.08.2019 21:20 keenonwhite6801

Rare coins (crrc) was formed on january 1, 2018. additional data for the year follow: (click the icon to view the data.) read the requirements requirement 1. what is the purpose of the statement of cash flows? the purpose of the statement of cash flows is â–¼ to report the financial position of the company. to report the results of operations for the period. to show how net income was calculated. to show where cash came from and how cash was spent during the period. to show where the change in retained earnings came from. requirement 2. prepare crrc's income statement for the year ended december 31, 2018. use the single-step format, with all revenues listed together and all expenses listed together.

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