Question: I'm preparing a cash flow statement using the indirect method and need help with the investing activities section: During the year, 60 000 ordinary shares
I'm preparing a cash flow statement using the indirect method and need help with the investing activities section:
During the year, 60 000 ordinary shares were issued at $ 1 per share.
Interest paid amounted to $ 5 000 and investment income was $ 2 000.

Statement of changes in equity for the year ended 31 December 2018 Ordin shares Preference shares Retained income Total Balance 31 December 2017 $ 1 10,000 $ 50,000 $ 130,000 $ 290,000 Changes in equity for 2018: Net prot for the year 85,000 $ 85,000 Dividends paid 7,000 $ 7,000 Preference dividends 10,000 $ 10,000 New share issue Balance 31 December 2018 170 000 $ 50 000 $ 198 000 $ 418 000
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