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Consolidated Statement of Cash Flows – Dividend paid to non-controlling interest
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The reason I don’t like the T account is that I don’t really know when I should put the B/f and C/f in the credit side or the debit side.
Could you explain why we put B/f in credit for NCI and B/f in Debit for Associate?? REALLY confused about that.
Thank you so much!!!
Hello Tutor, Please I do not understand why we need to deduct the share of associate’s profit since the associate is not a sub and part of the group. Also, why do we need to take out the gain on disposal of a subsidiary since the sub is now disposed and, no longer part of the group. Kindly explain. Thank you.
Thank you for that Cash Flow warning… What a surprise cash flow was in today’s exam 馃檪