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Question No. 1 Mr. Ahmed has provided you the following statement of financial positions. Additional information: (i) Equipment having a cost of Rs, 90,000 which

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Question No. 1 Mr. Ahmed has provided you the following statement of financial positions. Additional information: (i) Equipment having a cost of Rs, 90,000 which was depreciated by 35% sold during the year for Rs, 31,000 . (ii) Furniture and Fitting having a cost of Rs, 165,000 having a book value of Rs, 128,000 was sold during the year for Rs. 94,000. (iii) Land was sold during the year for Rs, 240,000. No new land was purchased during the year. (iv) Mr. Ahmed withdraw Rs. 10,000 each month for personal use. (v) No new additional capital introduced during the year. (vi) Interest expense during the year Rs. 25,000 Required: Prepare Statement of Cash flow as per IAS - 07 using indirect method

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