You are required to draw up a cash flow statement for K Rock for the year ending
Question:
You are required to draw up a cash flow statement for K Rock for the year ending
30 June 2009 from the following information using the FRS 1 layout.
Transcribed Image Text:
K Rock Profit and Loss Account for the year ending 30 June 2009 Gross profit Add Reduction in doubtful debt provision Less Expenses: Wages and salaries General trading expenses Equipment running costs Motor vehicle expenses Depreciation: Motor vehicles Equipment Loss on sale of equipment Net profit f 155,030 200 155,230 61,400 15,200 8,140 6,390 5,200 6,300 1,600 (104,230) 51,000
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Related Book For
Business Accounting Uk Gaap Volume 1
ISBN: 9780273718765
1st Edition
Authors: Frank Wood, Alan Sangster
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