Question
The following information is extraced from SOFP as at 31 December of Sioux, a limited liability company: 20X1 and 20X2 respectively: Plant & Equipment cost
The following information is extraced from SOFP as at 31 December of Sioux, a limited liability company: 20X1 and 20X2 respectively: Plant & Equipment cost 280000 305000 Accumulated depreciation (110000) (140000) Trade Payables 50500 64000 During the year non current assets which had cost $80000, with a carrying amount of $35000, were sold for $50000. Include in trade payables at 31 December 20X2 is an amount of 100000 in respect of a purchase of an item of property, plant anf equipment in the year that has not yet been paid for. What would be Payment for purchase of PPE on statement of cashflow for the year ended December 31, 20X2?
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