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The statement of financial position of Bombers Ltd as at 30 June 2020 and 2019 included the following figures:
30 June 2020 30 June 2019
Plant $50,000 $40,000
Accumulated depreciation- Plant $(14,000) $(10,000)
$36,000 $30,000
The comprehensive income statement for the year ended 30 June 2020 showed the following figures:
Depreciation - Plant $6,000
Loss on sale of Plant $1,000
The company purchased a new plant costing $16,000 during the year.
Required:
Problem 1: Prepare the investing activities section of the Statement of Cash Flows for Bombers Ltd for the year ended 30 June 2020.
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MBF101-Mathematics of Business and Finance Assignment Help and Solution - Seneca College, Canada. What further payment after discount period will settle invoice
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