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- June 14, 2021 at 11:01 pm #625298
Scents had the following balances in its statements of financial position as at
30 September 2004 and 2005:
2004 2005
Loan interest accrual $5,000 $3,000
Approved ordinary dividends $20,000 $25,000
10% Loan notes $100,000 $100,000
Ordinary share capital $150,000 $150,000
8% Preference share capital $50,000 $50,000How much will appear in the statement of cash flows for the year
ended 30 September 2005 for the loan interest and preference
dividend paid?
$________How much will appear in the statement of cash flows for the year
ended 30 September 2005 for the ordinary dividend paid?
$________how cash payments of loan is calculated but how is cash payment to preference dividend calculated and how ordinary dividend is calculated
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