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Hi Sir,
in the lectures relating to the direct method of cash flow statement you say that we don’t include irrecoverable debt in the cash flow statement, I couldn’t understand that part since I thought that irrecoverable debts are non-cash adjustments and we are just writing them off. soo all non-cash items need to be adjusted right?BTW new to this community thanks soo much for what u guys do really appreciate it.
Sorry there is a correction in the question I meant to ask about the indirect part, not the direct one.
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