Part (b) – Classify the following items into either Operating, Investing or Financing Activities and indicate whether they represent a Cash Inflow or Cash Outflow. (If any item does not appear in the Cash Flow Statement, this should be specified in your answer.) I. Cash Received from Debtors S753,000. 2. Shares Issued to Shareholders $500,000. 3. Purchase of new Equipment $150,000. 4. Amortisation of Patents S36,000. 5. Repayment of Mortgage Loan $200,000. 6. Sale of Land & Buildings $900,000. 7. Payment of Wages S85,000. 8. Interest received on Term Deposits $7,000. 9. Cash paid to Creditors $333,000. 10. Depreciation of Motor Vehicles $29,000.
Part (b) – Classify the following items into either Operating, Investing or Financing Activities and indicate whether they represent a Cash Inflow or Cash Outflow. (If any item does not appear in the Cash Flow Statement, this should be specified in your answer.) I. Cash Received from Debtors S753,000. 2. Shares Issued to Shareholders $500,000. 3. Purchase of new Equipment $150,000. 4. Amortisation of Patents S36,000. 5. Repayment of Mortgage Loan $200,000. 6. Sale of Land & Buildings $900,000. 7. Payment of Wages S85,000. 8. Interest received on Term Deposits $7,000. 9. Cash paid to Creditors $333,000. 10. Depreciation of Motor Vehicles $29,000.
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 2MAD: Analyze Dollar General Dollar General Corporation (DG) is a discount retailer with more than 12,000...
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