Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q-1 From the following balance sheet of Al-Hussain Co Ltd prepare a cash flow statement. LLIABILITIES 2011 2012 ASSETS 2011 2012 Share Capital 36000 40000

image text in transcribed
Q-1 From the following balance sheet of Al-Hussain Co Ltd prepare a cash flow statement. LLIABILITIES 2011 2012 ASSETS 2011 2012 Share Capital 36000 40000 Machinery 210000 260000 (Gross) Depreciation 120000 124000 Debtors 128000 106000 Reserve P& L Account 90000 144000 Stock 70000 80000 Debenture 120000 108000 6000 4000 Discount on issue of share Creditors 70000 Bank Balance 22000 30000 64000 480000 4360000 TOTAL TOTAL 480000 436000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions