Question: Hello, may you answer the following. You are preparing the cash flow statement and have the following information for Dividends: 1. Shareholders for dividends opening
Hello, may you answer the following.
You are preparing the cash flow statement and have the following information for Dividends: 1. Shareholders for dividends opening balance=R75 000 2. Shareholders for dividends closing balance=R110 000 3. Dividend accrual for the year= R150 000
May you show the calculations that show how the amount I will record in the Cash Flow statement is " -R115 000" ?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
