IAS 7 Revised: Statement of Cash Flows – Examples

Comments

1. Mdots says:

   March 22, 2013 at 7:07 am

   The lecturer is amazing, but I have a problem. The 915 on the cr side of t accounts is still the dividends payable. While I do understand that we have created an obligation by declaring or proposing the dividend, how can I judge and conclude that from the question? The question looked pretty straight forward to me (bf.IS.cf.cash) .. how do we know that we have to classify 915 as I/S obligation? What is the key indicator?

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   • vicksraza says:

     May 14, 2013 at 4:38 pm

     in case of dividend, amount b/f is also I.S….because it is the liability of current year that we announce at year end….that is what my concept is…

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2. petrieann says:

   September 26, 2012 at 5:04 pm

   This lecturer is so funny,b/f, I/statement, c/f cash….It works.Thanks OT AND MIKE.

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