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Dear respected expert pls help me with solving this qeustion, thanks in advacne. The summary of cash transactions extracted from the books of Happy Ltd.
Dear respected expert pls help me with solving this qeustion, thanks in advacne. The summary of cash transactions extracted from the books of Happy Ltd. are:
You are required to prepare a cash flow statement of the company for the period ended 31st March, 2016
('000) 140 Balance as on 1st April, 2015 Receipts from customers Issue of shares Sale of fixed assets 11,132 1,200 512 Payment to suppliers Payment for fixed assets Payment for overheads Wages and salaries Taxation Dividends Repayment of bank loans 12,984 8,188 920 460 276 972 320 1,000 12,136 Balance as on 31st March, 2016 848
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