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Why don't we take effect of dividend declared or payable on cash flow statement?

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Question added by Khateeb Hussain , Senior Branch Accountant , Medicas International
Date Posted: 2017/10/31
Rodelio Oandasan
by Rodelio Oandasan , Accountant , Master and Tailor

We don't take effect of dividend declared or payable on the cash flow because there is still no cash being used.

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