QUESTION $1$

The following information was obtained from the accounting records of DBE Ltd on $31$ December

$2018,$ which is its financial year$-$end. The company has an authorised share capital of $750000$

ordinary shares.

REQUIRED:

Complete the Cash Flow Statement for the year ended $31$ December $2018.$ Show all

workings to obtain part$-$marks.

Extract from the Income Statement for the year ended $31$ December $2018$:

Information from the Statement of Financial Position:

Included above in Trade and other receivables and Trade and other payables.

Total dividends for the year amounted to R$60000.$

New equipment was purchased, and a vehicle was sold during the year, at its carrying value of R$17000.$

Shares to the value of $R400000$ were repurchased during the year. This transaction was recorded.