Question
The following extracts have been taken from the draft fnanelal statetverts of snud eyete 30 June 30 June 20X2 20X1 Dividends payable 72,000 84,000 Retained
The following extracts have been taken from the draft fnanelal statetverts of snud eyete 30 June 30 June 20X2 20X1
Dividends payable 72,000 84,000
Retained earnings 80,000 50,000
Additional information: Pront for the year was $140,000 During the year ended 30 June 20X2 the company transferred $60,000 from Retained sarnings to the cenerd tosene Squid Ltd is preparing a Statement of Cash Flows in accordance with the requirements of AASB 107:Shatament ofCoihfion Required: Write in the box below the amount of dividends paid by Squid Ltd during the year ended 30 June 20X2.Do not include any doltar signs, negative signs, brackets or spaces in your answer
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