SIBT ACG106 Final Exam Revision Questions.docVIP

SIBT ACCG106 Final Exam Revision Questions Cash Flow Statement The following information is available for Steele Industries Ltd as at 31 December 2008. Payment of long-term debt $200,000 Collections from accounts receivable 210,600 Cash payments to purchase plant assets 76,000 Collection of interest revenue 13,700 Payment of cash dividends 48,500 Income tax expense and payments 39,200 Proceeds from sale of plant assets 31,800 Cash receipt of dividend revenue 19,300 Payments of salaries 94,100 Depreciation expense 72,400 Cash sales 203,900 Proceeds from the issue of shares 300,000 Pa