Inc. has recorded the following transactions on its book for the year 2021. How much total Cash Inflow from financing activities that BTS should reflected on its Statement of Cash Flow: i. Payment for interest of the issued bonds on April 1, 2021, 900. ii. Cash dividend received on the short-term investment, 5,000 iii. Depreciation on plant that manufactures goods for sale, 6,000. iv. Payment of income tax on gain on sale of treasury bills, 2,000. v. Issued 500 ordinary shares for 50,000.
Inc. has recorded the following transactions on its book for the year 2021. How much total Cash Inflow from financing activities that BTS should reflected on its Statement of Cash Flow: i. Payment for interest of the issued bonds on April 1, 2021, 900. ii. Cash dividend received on the short-term investment, 5,000 iii. Depreciation on plant that manufactures goods for sale, 6,000. iv. Payment of income tax on gain on sale of treasury bills, 2,000. v. Issued 500 ordinary shares for 50,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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BTS Inc. has recorded the following transactions on its book for the year 2021. How much total
i. Payment for interest of the issued bonds on April 1, 2021, 900.
ii. Cash dividend received on the short-term investment, 5,000
iii.
iv. Payment of income tax on gain on sale of treasury bills, 2,000.
v. Issued 500 ordinary shares for 50,000.
vi. Received cash from interest on the acquired treasury bonds of BigHit Corp, 2,400.
vii. Payment for marketable securities, 12,000
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