The Local Industry Superannuation Plan,a Defined Contribution Superannuation Plan,had the Following
The Local Industry Superannuation Plan,a defined contribution superannuation plan,had the following assets at the dates shown:
Asset D was sold during the year ended 30/6/20X0 for $840; asset E was acquired during the year ended 30/6/20X0.
The statement of cash flows for the year ended 30/6/20X0 should show for 'Net cash flows from operating activities' an amount of:
A) $2040
B) $2000
C) $770
D) $2680
Correct Answer:
Verified
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