Assignment 2: Statement of Cash Flows ASSIGNMENT 2: STATEMENT OF CASH FLOWS INTERMEDIATE ACCOUNTING I (ACC310) SEMESTER 1, 2022-2023 Selected financial statement information and additional data for Jewel Plc is presented below. Jewel Plc Statement of Financial Position as at Dec 31, Dec 31, 2021 2020 Property, Plant, and Equipment AED 1,266,500 AED 1,156,000 Less: Accumulated Depreciation (512,000) (476,000) 754,500 680,000 Current Assets: Inventory 442,000 391,000 Accounts Receivable 306,000 374,000 189,000 153,000 Cash Total Current Assets 937,000 918,000 AED1,691,500 AED1.598,000 Total Assets Equity: Share Capital-Ordinary 510,000 AED 552,500 Retained Earnings 408,000 374,000 Total Equity 960.500 884,800 Non-Current Liabilities: Bonds Payable 391.000 442,000 Current Liabilities: Accounts Payable 272,000 187,000 Notes Payable 68,000 85.000 Total Current Liabilities 340,000 272.000 Total Liabilities 731.000 714,000 Total Liabilities & Equity AED1.691.500 AED1,598,000 AED