The following information applies to the entity for the year ended 30th June. Payment to suppliers 300
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Question:
The following information applies to the entity for the year ended 30th June.
Payment to suppliers 300 000
Dividends paid 287 000
Proceeds from long-term borrowing
400 000 Income tax paid 150 000
Payment for salary and wages 210 000
Payment to acquire land 250 000
Repayment of long-term borrowing 350 000
Receipts from customers 720 000
Payment for equipment 300 000
Depreciation on equipment 110 000
Required:
a) What was Victoria Ltd’s cash flow from the following activities?
• Operating activities
• Investing activities
• Financing activities
Related Book For
Accounting Business Reporting for Decision Making
ISBN: 9780730302414
4th edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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