Question Details

Give three examples of significant non-cash transactions



1
(a)	Identify several alternatives for presenting significant non-cash activities in financial statements.
(b)	Give three examples of significant non-cash transactions.


2
The following information is available for Snider Company:
Receipts from customers	₤190,000
Dividends from share investments	3,000
Proceeds from sale of equipment	18,000
Proceeds from issuance of shares	90,000
Payments for goods	100,000
Payments for operating expenses	75,000
Interest paid	5,000
Taxes paid	4,000
Dividends paid	20,000
Instructions
Based on the preceding information, compute the net cash provided by operating activities.



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