Question
Ben Burton Pty Ltd has the following items in its accounts, state whether each of the below items would appear in the statement of cash
Ben Burton Pty Ltd has the following items in its accounts, state whether each of the below items would appear in the statement of cash flows and, if so, under which classification it would appear (investing, operating, financing or non-cash).
Bank interest paid
Investing
Non-cash item
Operating
Financing
Loan repaid
Financing
Investing
Non-cash item
Operating
Cash purchase of fixed asset
Financing
Non-cash item
Operating
Investing
Sale of goods on credit
Investing
Non-cash item
Operating
Financing
Taxation payable
Financing
Investing
Non-cash item
Operating
Receipts from share capital issue
Financing
Non-cash item
Operating
Investing
Cash from loan
Operating
Investing
Financing
Non-cash item
Dividends paid
Non-cash item
Investing
Operating
Financing
Purchase of goods for cash
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Essentials Of Forensic Accounting
Authors: Michael A Crain, William S Hopwood,
1st Edition
1941651100, 978-1941651100
