Examlex
Which of the following steps is not required in preparing the statement of cash flows?
Instalment Payments
A payment plan allowing a debt to be paid off in specific, scheduled portions over a set period of time.
Interest Portion
The part of a payment or financial operation that represents interest, separate from principal repayment or other components.
Principal Portion
The part of a loan payment that reduces the outstanding balance of the loan, as opposed to the part that covers interest charges.
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