Each of the items below must be considered in preparing a statement of cash flows for Aksu
Question:
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 Ⱡ150,000 cash.
(b) Purchased equipment for Ⱡ200,000 cash.
(c) Sold land costing Ⱡ50,000 for Ⱡ50,000 cash.
(d) Declared and paid a Ⱡ20,000 cash dividend.
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a Cash inflow from financing activity ...View the full answer
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Related Book For
Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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