Question
Prepare a Cash flow statement by using the below data of the Cash account 31.12.2017 Beginning Balance 31.1.2017 50 Payment to suppliers 2,000 Equity shares
Prepare a Cash flow statement by using the below data of the Cash account 31.12.2017
Beginning Balance 31.1.2017
50
Payment to suppliers
2,000
Equity shares
300
Purchase of fixed assets
200
Receipt from customers
2,800
Overhead expenses
200
Sale of fixed asset
100
Wages and salaries
100
taxation
250
Dividend
50
Repayment of Loan
300
Ending Balance (31.12.2017)
150
3,250
3,250
1. Compute the operating activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2. Compute the Investment Activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Compute the Financial Activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
PART 3 Prepare a Cash flow statement by using the below data of the Cash account 31.12.2017 Beginning Balance 31.1.2017 50 Payment to suppliers 2.000 Equity shares 300 Purchase of fixed 200 Receipt from customers 2.800 cherhead expenses 200 Sale of fixed 100 Wages and salaries Jaxation 250 Dividend SO Ronyment of Loan 200 Ending Balance 150 31.12.2017) 12.250 1250 1. Compute the operating activities Marking Scheme: Computation: 2 Marks, Correct Answer: Mark, Total:3 Marks 2. Compute the investment Activities Marking Scheme: Computation: 2 Marks. Correct Answer: I Mark, Total:3 Marks Compute the Financial Activities Marking Scheme: Computation: 2 Marks, Correct Answer: Mark, Total:3 Marks
Prepare a Cash flow statement by using the below data of the Cash account 31.12.2017
Beginning Balance 31.1.2017
50
Payment to suppliers
2,000
Equity shares
300
Purchase of fixed assets
200
Receipt from customers
2,800
Overhead expenses
200
Sale of fixed asset
100
Wages and salaries
100
taxation
250
Dividend
50
Repayment of Loan
300
Ending Balance (31.12.2017)
150
3,250
3,250
1. Compute the operating activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2. Compute the Investment Activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Compute the Financial Activities
Marking Scheme: Computation: 2 Marks, Correct Answer:1 Mark, Total:3 Marks
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
