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A ABI U ON A A ... Q3. (25 marks) MNP Inc. have gathered together the following data from the accounting records: I Payments of
A ABI U ON A A ... Q3. (25 marks) MNP Inc. have gathered together the following data from the accounting records: I Payments of non-current debts220,000 Collections on accounts receivable215,600 Acquisition of equipment by issuing non-current note payable90,000 Interest revenue 15,600 Credit sales 350.600 Loan collections48.200 Proceeds from sale of investments, not including $4,200 gain38,200 Salary expense 105,700 Cash payments to purchase capital assets 72,000 Cost of goods sold425,000 Collection of interest revenue 5,500 Payment of cash dividends 36,200 >Wiosnand navments 41,500 Cash receipt of dividend revenue 20,200 Payment of salaries95,600 Distis sapance 7500 Cash sales 208.000 Proceeds from issuance of common shares350,000 Loan to another company50,000 Interest expense and payments61,000 Payments to suppliers 285,000 Cash balance: December 31, 201655,500 Cash balance: December 31, 2017122,400 Prepare the cash flow statement for the year ended December 31, 2017 using the det under ASPE and including a schedule of noncash investing and financing active A ABI U ON A A ... Q3. (25 marks) MNP Inc. have gathered together the following data from the accounting records: I Payments of non-current debts220,000 Collections on accounts receivable215,600 Acquisition of equipment by issuing non-current note payable90,000 Interest revenue 15,600 Credit sales 350.600 Loan collections48.200 Proceeds from sale of investments, not including $4,200 gain38,200 Salary expense 105,700 Cash payments to purchase capital assets 72,000 Cost of goods sold425,000 Collection of interest revenue 5,500 Payment of cash dividends 36,200 >Wiosnand navments 41,500 Cash receipt of dividend revenue 20,200 Payment of salaries95,600 Distis sapance 7500 Cash sales 208.000 Proceeds from issuance of common shares350,000 Loan to another company50,000 Interest expense and payments61,000 Payments to suppliers 285,000 Cash balance: December 31, 201655,500 Cash balance: December 31, 2017122,400 Prepare the cash flow statement for the year ended December 31, 2017 using the det under ASPE and including a schedule of noncash investing and financing active
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