Homework Answers
To find out Cash flow from Financing Activity we need to focus on Dividend Paid and Common Stock issued during the year as per the given question
Dividend Paid During the Year-: (38000)
Dividend Payable Account
| Particulats | Amount | Particulars | Amount |
| Dividend Paid during the year | 38,000 | Opening Balance | 52000 |
| Dividend Current Year | 14000 | ||
| Closing Balance | 28000 | ||
| 66000 | 66000 |
Issue of Common Shares during the year
Common Shares issued during the year = Common Shares Closing Balance - Common Shares Opening Balance
Common Shares issued during the year = 88000 - 46000 = 42000
Cash Flow from Financing Activity-> 4000
Inflow due to issue of Common Share-> 42000
Outflow due to payment of Dividend-> (38000)
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