At 1 October 2005 HI had the following balance Accrued interest payable $24,000 credit During the year ended 30 September 20X6, HI charged interest payable of $82,000 to its statement of profit or loss. The closing balance on accrued interest payable account at 305- was $30,000 credit How much interest paid should Hi show on its statement of cashflow for the year onded 30 September 2006? 576,000 $82,000 $88,000 Ⓒ$106.000
At 1 October 2005 HI had the following balance Accrued interest payable $24,000 credit During the year ended 30 September 20X6, HI charged interest payable of $82,000 to its statement of profit or loss. The closing balance on accrued interest payable account at 305- was $30,000 credit How much interest paid should Hi show on its statement of cashflow for the year onded 30 September 2006? 576,000 $82,000 $88,000 Ⓒ$106.000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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