1. In the X9 financial year, Company A issues 35 000 shares, with a nominal...
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Accounting
1. In the X9 financial year, Company A issues 35 000 shares, with a nominal value of R1.10, at a 30% premium. Calculate the entry that Company A will make in its share premium account for this share issue?
2. Below is a list of cash payments and cash receipts for Entity X: Cash paid to suppliers and employees: R900 000 Dividends paid: R85 000 Interest paid: R14 000 Purchase of asset: R175 000 Payments to settle long-term debt: R25 000 Income taxes paid: R28 000 Cash received from customers: R1 200 000 What is Entitys net cash flow from operating activities?
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