In addition there is following information:

During the year ended 31 December 2019 the following had taken place.

1 Inventory had increased by $17000.

2 Trade receivables had increased by $3000.

3 The bank balance had gone from an overdraft of $7000 to a positive balance.

4 The company had issued 72000 ordinary shares of $0.50 each at par value.

5 A new bank loan of $5000 had been received.

6 Trade payables had decreased by $6000.

7 A motor vehicle had been sold for $15000.

Q. Prepare a cash flow statement using the information above.
 

The books of account of RF plc for the year ended 31 December 2019 showed the following. Plant and machinery Provision for depreciation of plant and machinery $000 Balance b/d Bank Balance b/d Dividend General reserve Balance c/d $000 100 38 138 Motor vehicles $000 60 60 Balance c/d 22 48 Disposal Balance c/d Retained earnings $000 8 18 Balance b/d Profit for the year $000 138 138 $000 16 44 60 $000 33 15 48 Balance c/d Disposal Balance c/d 32 Bank Balance c/d 32 Provision for depreciation of motor vehicles $000 4 31 35 Balance b/d Income statement 6 Balance b/d Income statement Interest payable $000 5 1 $000 20 12 Balance b/d Income statement 32 $000 25 10 35 $000 2 4 6