Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 1 (10 marks) a company borrowed r100 000

Question 1 (10 Marks) A company borrowed R100 000 from its bank and the next...

80.2K

Verified Solution

Question

Accounting

Question 1 (10 Marks) A company borrowed R100 000 from its bank and the next day used R80 000 of the cash from the loan to buy a piece of equipment for its plant. a) Explain how cash for such activities is reported on a statement of cash flow. b) Will this transaction have an impact on analysing the financial statements in general? Explain which ratios could be affected by this transaction.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Case one: Intergovernmental working group of experts on international standards of accounting and reporting 1. What are...

Accounting
Q

1) Find the Taylor series (to second order terms) of the function f(x,y) = x^2 ?4x...

Basic Math
Q

Microprocessor question Q1: Write a delay loop which produces a delay of 500 Microseconds on an8086 with a...

Programming
Q

what are the main reasons for the new campaign? How do you recommend they measure results?

Economics
Q

Did you know that by improving your effective listening skills you will become a more influential...

General Management
Q

What determines the direction of diffusion Multiple Choice O type of solvent phase of matter...

Biology
Q

Solve the problem Round to the nearest dollar Suppose that at age 25 you decide...

Basic Math
Q

22 What is the best interpretation of 0 28 in this context A The maximum...

Algebra
Q

Martinez's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the...

Accounting
Q

1. Brown exchanged stock in the Green Company held for investment purposes with an adjusted...

Accounting
Q

I cant get this. Help ...

Accounting
Q

B) In what ways managerial accounting can help operation managers at: 1- Aproduction unit. 2-...

Accounting