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supplemental disclosure of cashflow part only. thank you. Information from the statement of financial position and statement of income is given below for Ayayai Road
supplemental disclosure of cashflow part only. thank you.
Information from the statement of financial position and statement of income is given below for Ayayai Road Inc, a company followins IFRS, for the year ended December 31. Ayayai Road has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. Accumulated depreciation $631,800(49,400)$462,100(40,000) Accounts payable \begin{tabular}{rr} $52,900 & $48,380 \\ 12,100 & 18,930 \\ 140,000 & 71,000 \\ 250,000 & 201,000 \\ 176.800 & 122,790 \\ \hline$631,800 & $462,100 \\ \hline \end{tabular} Accrued liabilities Notes paryable Common shares Retained earnings Statement of Income, year ended December 31, 2020 Revenues Sales revenue Gain on disposal of investment in fand Gain an dicposal of equipment . Expenses Costal noods andit $96400 Additional informatior 1. Investments in land were sold at a fain during 2026 Additional beformation: 1. Investenents in land were sold at a gain durine 2020 2. Equament costing $56,100 was sold for $17,570 resultine in a gain 3. Common shares were issued in exchange for some eguigment daring the year No other shares were haved. 4. The remainine purctuses of eqolpment were paid for in cash. Supplemental disclosures of cash flow information Step by Step Solution
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