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Hello, may you show how to work out the correct amount (using calculations) to record in the Cash Flow Statement of the amount paid at
Hello, may you show how to work out the correct amount (using calculations) to record in the Cash Flow Statement of the amount paid at the end of the current year, using the following information: 1. Current portion of the loan-opening balance=R35 000 2. Current portion of the loan-closing balance=R50 000
*I know the answer is -R35 000, but I don't know how it was calculated. please assist with the working
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