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KKR Ltd had cash and cash equivalents at 1 July 2021 of $220 000. The transactions of KKR Ltd for the year to 30 June
KKR Ltd had cash and cash equivalents at 1 July 2021 of $220 000. The transactions of KKR Ltd for the year to 30 June 2022 are as follows: 1. Borrowed $100000 with a 6-month loan payable 2. Received $660000 cash for customer accounts 3. Sold for $100000 cash a plant asset with a carrying amount of $120000 4. Issued ordinary shares for $400000 cash 5. Purchased a plant asset for $180000;$20000 in cash and $160000 vendor loan 6. Exchanged 50000 shares for land with a fair value of $460000 7. Received $160000 dividend in cash 8. Paid $40000 dividend in cash 9. Paid fixed-term loan principal of $160000 10. Paid interest $24000 11. Paid Tax $20000 12. Cash payments for suppliers accounts $240000 13. Cash paid to employees 180000 Required
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