Cfas finals u Study guides, Class notes & Summaries

20x1, None; 20x2, Operating or Financing - Entity A declares cash dividends in 20x1 and pays the dividends in 20x2. How should Entity A report the dividends paid in the statement of cash flows for 20x1 40,000 - Entity A has an account receivable of P200,000 from Entity B. In addition, Entity A also has an account payable of P160,000 to Entity B. The account receivable is due in 30 days while the account payable is due in 90 days. Entity A intends to settle first the account receivable...