Payment Interest Principal Balance ($) ($) ($) ($) 30 June 2018 500,000 30 June 2019 55,000 445,000 100,000 45,000 30 June 2020 100,000 40,050 59,950 385,050 30 June 2021 100,000 34,655 65,346 319,705 30 June 2022 100,000 28,773 71,227 248,478 30 June 2023 100,000 22,363 77,637 170,841 State the minimum amount that would be disclosed as a fınancing cash outflow for the year ended 30 June 2022.

Payment Interest Principal Balance ($) ($) ($) ($) 30 June 2018 500,000 30 June 2019 55,000 445,000 100,000 45,000 30 June 2020 100,000 40,050 59,950 385,050 30 June 2021 100,000 34,655 65,346 319,705 30 June 2022 100,000 28,773 71,227 248,478 30 June 2023 100,000 22,363 77,637 170,841 State the minimum amount that would be disclosed as a fınancing cash outflow for the year ended 30 June 2022.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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