How should construction firm have accounted for repayment

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Reference no: EM132950015

Problem 1: Bank borrowings are generally considered as

a. Operating activities

b. Financing activities

c. Separate disclosure

d. Investing activities

Problem 1:  In the cash flow statements of hallmark bank, the presentation of cash outflow made for loan proceeds shall be presented under

a. Operating activities

b. Financing activities

c. Separate disclosure

d. Investing activities

Problem 2: Construction firm has 10 years term loan agreement with brewer bank. Based on IAS 7, How should the construction firm have accounted for the repayment of long-term loan and its related interest payment in the statement of cash flows?

Problem 3: AA corporation sold treasury shares at an amount greater than its cost. In the preparation of statement of cash flows, the treasury shares transaactions shall be presented under

a. Operating activities

b. Financing activities

c. Separate disclosure

d. Investing activities

Reference no: EM132950015

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