MGAB02H3 Lecture Notes - Lecture 5: Current Liability, Dividend, Gross Profit
6 Jan 2016
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The following financial statements and information relate to rivers ltd. Prepare the cash flow statement for rivers for the year ended september 30, 2010. Use the direct method to present the cash flows from operating activities section of the cash flow statement. Cash paid to suppliers (1,620,000 10,000 5,000) The income statement and comparative balance sheets of master plumbing ltd. are shown below. During 2014, there were no capital asset disposals. During 2014, master plumbing declared and paid a common share cash dividend. Use the direct approach to report the operating activities. Cash paid to suppliers ( ,110,000 ,000 + ,000 ,000) (1,316,000) (17,000) Cash paid for income taxes ( ,000 ,000) (23,000) The comparative financial statements of danny company ltd. for the years ending. 1 during 2014, danny sold capital assets with a net book value of ,000 for ,000. Prepare a cash flow statement, in proper form, for the year ending december 31, 2010.
