Author Topic: 2.32 (Read 1487 times) Tweet Share

accaz · « **on:** June 11, 2010, 06:52:11 pm »

for the cashflow statement,
did you have to deduct 10,000 off the stock, as the owner withdrew $10,000 in stock?

does $280,000 go in or $270,000

Stormer · « **Reply #1 on:** June 11, 2010, 08:23:32 pm »

Drawings was not in it...

It said operating activites

accaz · « **Reply #2 on:** June 12, 2010, 05:24:53 pm »

yes, but would operating outflow (stock control ) be $270,000 or 280,000

kakar0t · « **Reply #3 on:** June 12, 2010, 06:32:10 pm »

Operating outflow = purchase of stock

So drawings of stock HAVE NO IMPACT ON IT because IT DOES NOT REPRESENT A CASHFLOW!

vidang · « **Reply #4 on:** June 12, 2010, 06:54:46 pm »

i did $280,000 didnt take the drawings of stock into consideration

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