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activity findirect methodl n s The following transactions took place during a recent financial year in ABC Plc Statement of Cash inflow outflow, or no
activity findirect methodl n s The following transactions took place during a recent financial year in ABC Plc Statement of Cash inflow outflow, or no cash flow cash flows activity affected Transactions effect al Recorded depreciation expense on the plant assets (b) Recorded and paid interest expense (c) Recorded cash proceeds from sale of plant assets (d) Acquired land by issuing ordinary shares e) Paid cash dividends to preference shareholders if) Distributed share dividends to ordinary shareholgers (g) Recorded cash sales (h) Recorded credit sales l Purchased inventory for cash iPurchased inventory on credit term (k) Loss on disposal of plant Made principal repayments on loan (m) Paid wages to employees Required: Complete the table indicating whether each item: 0) affects operating activities (O), investing activities (), or financing activities (F), or is a non-cash transaction (NC), and (i) represents a cash inflow,or outflow, or has no cash flow effect. Assume the indirect method was used for the statement of cash flows
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