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concerning the proforma for the statement of cash flows given in the notes

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  • January 19, 2020 at 3:06 pm
    concerning the proforma for the statement of cash flows given in the notes 2
    farhaanm
    Participant

    is there any difference between issue of equity shares and the proceeds from issue of long term borrowings?

    Because when going through the lecture i see that the value of proceeds from issue of long term borrowings as $1869000 and for the issue of equity shares no value was added.

    January 27, 2020 at 8:47 pm
    concerning the proforma for the statement of cash flows given in the notes 3
    P2-D2
    Keymaster

    Hi,

    Yes, we would show the proceeds from each finance source separately. Therefore there would be a line item for equity shares issued, and another for the long term borrowings.

    Thanks

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