Statement of Cash Flows (IAS 07) Question No. 01 Mr. Junaid Janjua has nrovided vou the following halance sheet and income statement Income statement tor the year endea vecember s1, 2U1U Page 1 Statement of Cash Flows (IAS 07) Notes: (a) Part of the long term loan amounting to Rs. 100,000 was paid by Mr. Junaid from his personal account. (b) Long term investments costing Rs. 100,000 were sold during the year. (c) Depreciation charged during the year on equipment amounted to Rs. 60,000. Equipment having a book value of Rs. 75,000 was sold during the year. Statement of Cash Flows (IAS 07) Question No. 01 Mr. Junaid Janjua has nrovided vou the following halance sheet and income statement Income statement tor the year endea vecember s1, 2U1U Page 1 Statement of Cash Flows (IAS 07) Notes: (a) Part of the long term loan amounting to Rs. 100,000 was paid by Mr. Junaid from his personal account. (b) Long term investments costing Rs. 100,000 were sold during the year. (c) Depreciation charged during the year on equipment amounted to Rs. 60,000. Equipment having a book value of Rs. 75,000 was sold during the year