McD2060 Trim3 2014 Tutorial 7 Cash Flow Questions Student Handout
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MCD2060 Trimester 3 2014 Tutorial 7 Cash Flow Student HandoutRequiredBefore Tutorial 7Â Moodle Questions 1 and 2No Presentation Question this weekIn Tutorial 7 Additional Tutorial Questions 1 and 2
•        On 15 September a payment of $4,800,000 was made to the tax office.Required:Prepare the journal entries to record the above transactions and events.MCD2060 Trimester 3 2014 Tutorial 7 Cash Flow Student HandoutBefore Tutorial 7 Question 2  Moodle Questions – post your attempt to moodle before your tutorial – Moodle Question 1 RhĂ´ne-Poulenc Pharmaceuticals1 JanLandShare Capital – Preference5 JanInterim Dividend – ord (neg OE)Interim Dividend Payable – ordDeclare6 FebInterim Dividend Payable – ordBankpaid30 JuneTax expenseTax PayableTax expProfit and lossTax expensecloseRetained Earnings downGeneral Reserve (OE)Transfer30 JuneRetained Earnings (OE) downFinal Dividend payable (L) – prefFinal Dividend payable (L) – ordinaryDeclare and AppropriateRetained EarningsInterim Dividend – ordappropriationProfit and LossRetained EarningsClosing NP1 SepFinal Dividend payable (L) – prefFinal Dividend payable (L) – ordinaryBankDividend paid15 SepTax payableBankTax paidMCD2060 Trimester 3 2014 Tutorial 7 Cash Flow Student Handout