The financial statements of Diddle plc are set out. You are informed as follows: (i) A vehicle
Question:
The financial statements of Diddle plc are set out. You are informed as follows:
(i) A vehicle costing £72,000 was sold in the year for £54,000.
(ii) Part of the loan notes were redeemed on 1.1.2011 at 25% premium.
(iii) Depreciation amounting to £64,000 was included in the cost of sales.
(iv) Extracts from the Statement of income appear as follows:
(v) £25,000 was paid as dividend in 2011.
Required:
Prepare the Statement of cash flows for the year ended 31 December 2011.
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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