A. Net is a sole trader and reports the following for the year ended 31 December 20X9:
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A. Net is a sole trader and reports the following for the year ended 31 December 20X9:
Required
Prepare the statement of cash flows in accordance with IAS 7 for A. Net for the year ended 31 December 20X8.
Transcribed Image Text:
Gross profit Less expenses: Wages Motor expenses Loss on sale of car Depreciation Profit for the year Statement of profit or loss for the year ended 31 December 20X9 (extract) £ 300 110 20 60 £ 2,500 490 2,010
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Related Book For
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
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