Each of these items must be considered in preparing a statement of cash flows for Vongs Thongs

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Each of these items must be considered in preparing a statement of cash flows for Vong’s Thongs Ltd for the year ended 30 June 2015. For each item, state how it should be classified in the statement of cash flows for 2015.

(a) Issued unsecured notes for $100 000 cash.

(b) Purchased land for $75 000 cash.

(d) Declared and paid a $25 000 cash dividend.

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Financial Accounting Reporting Analysis And Decision Making

ISBN: 9780730313748

5th Edition

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

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Question Posted: Sep 13, 2022 12:52 AM

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Each of these items must be considered in preparing a statement of cash flows for Vongs Thongs

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a Issued unsecured notes for 100 000 cash This item sh...View the full answer

Financial Accounting Reporting Analysis And Decision Making

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