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VAST SEMESTER QUESTIONS JANUARY 2016 TOUSION Following are the accounting statements of Jering Company 5 264 520 17,410 Income statement for the year ended 31 March 2019 s Sales Cost of Sales Inventory 1 April 2018 IN450 Purchases 176460 196.910 Inventory 31 March 2019 Gros Profit Interest 700 Miscellaneous expenses 44.545 Depreciation 10.000 Lonale of Machinery 1.350 Net Profit Retained Profit bid Retained Pruit for the year 179,500 *5.020 57.295 27.725 13.650 1175 Book Value Statement of Financial Position as at 31 March 2019 Non Current Asset Cast Depreciatim Office Building 40.000 7.400 Office Machinery 34 200 19.000 Vehicles 6.050 86450 13.050 14,600 6.200 $3,400 Current Asset Invey Account receivables 17410 34.530 41.940 95,340 ACC2209 - Tutorial Questions on Statement of Cast How Equities and Liabilities Ordinary Shares RMI Retained Earnings 32,000 34,175 66,175 Current Liabilities Account Payable Frank Ovendra Accruals 19.05 7600 2.500 29,165 0530 Balance on 1 April 2018 as follows: Actreceivables Account Payables and Accruals Bank Over 522,620 523,140 S11,050 During the year to 31 March 2019 the following transactions took place in addition to the normal trading activities A machine contin 56.000 was sold for 870 b) A vehicle was purchased for $7.500 Interim dividend of 57200 was pull during the year d) A loan of 20.000 medeemable in 2019 was repaid early by Jering Company c) No share were issued during the year Required Prepare the Cash Flow Statement for the year ended 31 March 2019 using the MFRS 107 - Cash Flow Stew layout (20 marks