Do we record purchase return in projected Cash Flow Statement?
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Projected Cash flow Statement
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No you cannot record purchase return in Projected cash flow statement
We adjust but there is no seperate line showing purchase.
Otherwise it will not be correct picture.
Otherwise it will not be correct picture.
Purchase return is unexpected and unforseen. Not projectable in advance.
Based on past events, one can create an expectation for anything. So if returns were there in the past, so include it in the calculations.
Purchase return is set off against purchase.
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