From the following details, prepare cash flow statement. Additional Information: Balance of accumulated depreciation account as on

Question:

From the following details, prepare cash flow statement.

A. Assets Fixed Assets (net) Debtors Inventory Pre-paid rent Cash Balance Total Assets Comparative Balance

B. Liabilities Equity Share Capital Reserves and Surplus Creditors Debentures Outstanding Operating Expenses

Additional Information:

Balance of accumulated depreciation account as on previous year was ₹16,000 and as at the end of current year was ₹19,000.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 15, 2023 11:36 PM

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From the following details, prepare cash flow statement. Additional Information: Balance of accumulated depreciation account as on

Question:

A. Assets Fixed Assets (net) Debtors Inventory Pre-paid rent Cash Balance Total Assets Comparative Balance Sheet Particulars Previous Year Current Year 90,000 43,000 49,000 3,000 75,000 2,60,000 87,000 40,000 58,000 5,000 97,000 2,87,000

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Here only the balance sheet has been provided Therefore the change in the reserve and surp...View the full answer

Financial Accounting

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