Create in good form of cash flows for anderson corporation

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Reference no: EM132478658

Problem 1: Prepare, in good form (showing essential information), a statement of cash flows for Anderson Corporation for the year ended December 31, 20X2, assuming that management of the company has decided to present the amount paid for interest expense and the amount received for interest income in the Operating Activities, section of the statement. For the purpose of this part of the question, you are specifically instructed to implement the IFRS requirements regarding the separate disclosure of cash flows from interest and dividends received and paid (IAS7, para. 31) and separate disclosure of cash flows arising from taxes on income (IAS7, para. 35).

Reference no: EM132478658

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