You establish the following details in connection with the non-current assets of Charlottes business for the year
Question:
You establish the following details in connection with the non-current assets of Charlotte’s business for the year ended 31 December 2024:
What figure for payments to acquire non-current assets will appear in the investing activities section of the statement of cash flows for Charlotte’s business for the year ended 31 December 2024?
Transcribed Image Text:
1 January 2024, non-current assets at cost less accumulated depreciation Proceeds from the sale of non-current assets during the year Depreciation expense for the year Profit on the disposal of non-current assets during the year 31 December 2024, non-current assets at cost less accumulated depreciation '000 635 60 96 7 587
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Disposal working Sale proceeds Less Carrying amount disposed ...View the full answer
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Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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