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2nd part of fly your kite questions prepare a cash flow statement this is the reamining part of cash flow statement am also add both
2nd part of fly your kite questions prepare a cash flow statement
this is the reamining part of cash flow statement
am also add both part please check
FLY YOUR KITE INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2020 $145 000 45 200 Net Sales Cost of Sales Discount Received Gross Profit: Other Revenue: Interest Revenue 280 100 080 52 100 132 Expenses: Selling & Admin Expense Doubtful Debts Expense Depreciation Expense Interest Expense Profit before tax Income tax expense Profit 23 345 354 5 400 3 800 32 899 67 233 7965 $59 268 Additional Information The Land was sold for $100,000 cash. ANSWER THIS QUESTION ON THE PRO FORMA PROVIDED REQUIRED: 1. Prepare a statement of Cash Flows in the pro forma provided on the following page. You must show all calculations (answers without supporting calculations will receive zero marks). FLY YOUR KITE INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2020 $145 000 45 200 Net Sales Cost of Sales Discount Received Gross Profit: Other Revenue: Interest Revenue 280 100 080 52 100 132 Expenses: Selling & Admin Expense Doubtful Debts Expense Depreciation Expense Interest Expense Profit before tax Income tax expense Profit 23 345 354 5 400 3 800 32 899 67 233 7965 $59 268 Additional Information The Land was sold for $100,000 cash. ANSWER THIS QUESTION ON THE PRO FORMA PROVIDED REQUIRED: 1. Prepare a statement of Cash Flows in the pro forma provided on the following page. You must show all calculations (answers without supporting calculations will receive zero marks)Step by Step Solution
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