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Statement of Cash Flows Paper Statement of Cash Flows PaperKasandra RossiACC/421Kimberly BarnetteMarch 30, 2015Statement of Cash FlowsAccording to the Averkamp, CPA, MBA (2004-2015) website the purpose of the statement of cash flows (also referred to as the cash flows statement) is to provide information about a business’s gross receipts and gross payments for a specific period.