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Does asset written off affects cash flow statement? if it will, where does it affects?
ThanksIt will affect your workings – when you are trying to find a ‘missing’ figure such as depreciation charge for the year or purchase of new assets, the details of that written-off asset need to be incorporated into those workings
The value of that written-off asset itself does not appear within a statement of cash flows because … well, because it isn’t a cash flow
OK?
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