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Hi Mike,
I don’t understand how in the ACCA answer scheme ‘Investment property – rentals received ‘ is in BOTH operating activities and investing activities
It’s only like “interest charge” is added back in operating and then “interest paid” is deducted……
….. or profit on asset disposal is deducted in arriving at cash flows from operating activities and then added as an inflow in investing activities
Here it’s deducted to arrive at operating and then added in as a positive cash flow in investing activities
OK?
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