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assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a E. + 1 ABCile C.UZ daxed ABCDE
assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a E. + 1 ABCile C.UZ daxed ABCDE Times New R... 12 - A A- A A AA B Umbe Xx XA A. AalbCode AaBb AaBbCcDc AaBbc Dd Hong 1 Heading 2 Paste HE 4.- buy Em Normal Str Subtitle TIL Styles Pane as at 30 June 2020 . The following information is provided to you concerning Hooeta itd Hongha Ltd Comparative Balance Sheet for the year ending 30 June 2019 and 30 June 2020 Current Assets as at 30 June 2019 $ Cash at Bank 24 200 Accounts Receivable 95 000 Short Term Investments 10 000 Inventory 746.000 Total Current Assets 204 800 $ 30 800 116 000 12 000 70 800 229 600 Non Current Assets Plant and Equipment 42 000 50 400 Less Accurulated Depreciation 10 000 32 000 12 900 37 600 16 000 18 400 8 400 7600 9 400 Office Equipment Less Accumulated Depreciation Total Non Current Assets TOTAL ASSETS 40 400 245 200 10 000 47 600 277 200 45 COD 47200 3 000 4 000 49 000 51 200 Current Liabilities Accounts Payable Tax payable Tatal Current Liabilities Non Current Llabilities TOTAL LIABILITIES SHAREHOLDERS' EQUITY Share Capital Retained Profits 48000 51 200 155 000 1960 32 200 $197 200 30.000 $276 MB Pagn 1 of 2 12 of 839 words DE English (United States) E - - + 100% . assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a I.EE + ABICONE Kaucou daxed ABCDE Times New R... 12 - A A- A A AA B Umbe Xx XA A. AalbCode AaBb AaBbCcDc AaBbc Dd Heading 2 2 Paste bcy Fm Herding 1 Normal Str Subtitle TIL Styles Pane Hangha Ltd Income Statement For the Year Ending 30 June 2020 . $ $ $ 750 000 Sales Less Cost of Goods Sold Gross Profit Add Profit on Sale of plant and Equipment 147 000 - 600 147 600 120 900 6000 Less Expenses General Expenses Depreciation - Plant and Equipment Depreciation - Office Equipment Profit before Tax Less Income Tax Expense Net Profit After Tax 800 137 600 10.000 4.200 $5800 . Additional information A dividend was paid during the year which amounted to $8 000 Plant and equipment costine $5 000 was sold during the year and proceeds amounting to $3000 received. At the date of sale the accumulated depreciation of the asset amounted to $2 600. Required Prepare a statement of cash flows for Hoogha Ltd for the year ending 30 June 2020. Shaw all calculations, Pagn 2 of 2 12 of 339 wards English (United States
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