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Indicate statement presentation of selected transactions. LO2 Each of these items must be considered in preparing...

Indicate statement presentation of selected transactions. LO2 Each of these items must be considered in preparing a statement of cash flows for Vong’s Thongs Ltd for the year ended 30 June 2018. For each item, state how it should be classified in the statement of cash flows for 2018. (a) Issued unsecured notes for $100000 cash. (b) Purchased land for $75000 cash. (c) Sold land costing $10000 for $10000 cash. (d) Declared and paid a $25000 cash dividend

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(a) Issued unsecured notes for $100000 cash: Cash flows from Financing Activities.
(b) Purchased land for $75000 cash: Cash flows from Investing activities.
(c) Sold land costing $10000 for $10000 cash: Cash flows from Investing activities.
(d) Declared and paid a $25000 cash dividend: Cash flows from Financing Activities.

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