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Question three Black-Angel Safaris Group operates a number of Safaris in Hwange and Victoria falls. The following are the consolidated financial statements for the year
Question three Black-Angel Safaris Group operates a number of Safaris in Hwange and Victoria falls. The following are the consolidated financial statements for the year ended 31 December 2022. Total equity and liabilities The following information is also available in relation to the year to 31 December 2022: (a) The total depreciation charge for the year was $3,545,000. (b) Property. plant and equipment costing $976,000 with accumulated depreciation of $355,000 was sold during the year at a profit of $224,000. (c) All sales and purchases were on credit. Other expenses were paid for in cash. (d) No dividends were paid during the year. Required Prepare a consolidated statement of cashflows for Black-Angel Group for the year to 31 December 2022. Your answer must comply with the requirements of International Financial Reporting Standards (IFRSs)
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