Each of the items below must be considered in preparing a statement of cash flows for Aksu

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Each of the items below must be considered in preparing a statement of cash flows for Aksu Co. for the year ended December 31, 2014. For each item, state how it should be shown in the statement of cash flows for 2014.

(a) Issued bonds for 150,000 cash.
(b) Purchased equipment for 200,000 cash.
(c) Sold land costing 50,000 for 50,000 cash.
(d) Declared and paid a 20,000 cash dividend.

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Financial Accounting IFRS

ISBN: 978-1118285909

2nd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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