A land was sold for 80000 JD cash Issuing shares for 50,000 JD Equipment was purchased for 25000 JD cash The company paid 14000 cash dividends Net Income 160,000 JD Borrowing 25,000 JD Making loans to others 40,000JD What is cash flows from financing activities?

A land was sold for 80000 JD cash Issuing shares for 50,000 JD Equipment was purchased for 25000 JD cash The company paid 14000 cash dividends Net Income 160,000 JD Borrowing 25,000 JD Making loans to others 40,000JD What is cash flows from financing activities?

Name: A land was sold for 80000 JD cash Issuing shares for 50,000 JD Equipme
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Description: A land was sold for 80000 JD cash Issuing shares for 50,000 JD Equipment was purchased for 25000 JD cash The company paid 14000 cash dividends Net Income 160,000 JD Borrowing 25,000 JD Making loans to others 40,000JDWhat is cash flows from financing

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 10DQ

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Need this in the next 20 minutes Please and Thank You!! Create a Statement of Cash Flows using the information provided. Building 925 Net Income $200,000 Operating Activities Purchased shirts from supplier $1000 Paid Ga taxes $3000 Paid Employee $2000 Investing Activities Purchased Land $1000 Purchased Equipment $700 Financing Activities Retained Earning Increase $1000 Common Stock Increase $1000 Non-Cash Increase in Bonds Payable $1000
3. The following transactions is available for Denton Limited as at 31 June 2021: Purchase Land for £40,000 A loan for £30,000 was taken from the bank Bought Inventory for £12,000 cash Sold Inventory for £27,000 cash Purchase motor vehicle for £10,000 cash Paid interest expenses on loan £2,500 Paid HMRC £5,500 corporation tax New shares for £50,000 were issued Received interest £500 on cash balance Paid £7,000 dividends to shareholders Required: Prepare a statement of cashflow for Denton Ltd for the period to 30 June 2021. You must classify the transactions under the main cashflow activities and state the net cash inflow/ outflow for the period. Outline what it tells the managers of Denton Limited about the business
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