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Hello Mike,
Hope you are doing fine.
My question is whether we can use t-accounts to identify group cashflows for consolidated cash flow statements. Is this allowed for P2 exam?
Thanks very much for your time,
ChithraOf course it is allowed (in your workings, I assume). If it gets you to the correct answer you can use an abacus and cowrie shells. No one is interested in how you get from A to B just so long as you get there (or are well along the way in the right direction)
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