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Cashflows from financing activities
Financing activities are those activities that will lead to either an increase or decrease in shareholders funds and long-term liabilities.Examples of such cashflows include:
IAS 7 recommends that the cashflow statement can be prepared using two methods:-
Allie forms Broadbill Corporation by transferring land (basis of $125,000, fair market value of $775,000), which is subject to a mortgage of $375,000. One month prior to incorporat
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