Statement of cash flows - direct method
Carla Limited had the following financial statements:

Additional information:
-Equipment that cost $8,000 was sold for its carrying amount of $3,750.
-Dividends declared and paid were $10,000.
Prepare the statement of cash flows using the direct method.

Question

Statement of cash flows - direct method
Carla Limited had the following financial statements:

Additional information:
-Equipment that cost $8,000 was sold for its carrying amount of $3,750.
-Dividends declared and paid were $10,000.
Prepare the statement of cash flows using the direct method.

Quizplus · Accepted Answer

The Answer of  Statement of cash flows - direct method
Carla Limited had the following financial statements:

Additional information:
-Equipment that cost $8,000 was sold for its carrying amount of $3,750.
-Dividends declared and paid were $10,000.
Prepare the statement of cash flows using the direct method.

Statement of Cash Flows - Direct Method