You are required to complete the below reports in line with Accounting standard AASB 107 Statement of cash flow and organizational policy and procedures, using the approved templates provided. Ensure the integrity of the templates including structure and format are maintained to ensure compliance with statutory and organizational requirements and ethical requirements. Highlight any key information that is being presented for greater clarity. Review the statements and data to check for errors (including any discrepancies from the source documents below) and amend accordingly. From the following information students are required to:

a. Complete a Cash Flow Statement in accordance with AASB 107, for Jendaw Ltd for the year ended 30 June 2018; and

b. Prepare a Reconciliation between Net Operating Profit/Loss after Tax and Net Cash from Operating Activities as of 30 June 2018,

Cash at bank
2018		Dr	Cr	$
1-Jun	Opening Balance			53	Cr
3-Jun	Cash receipt	3490		3,437	Dr
	Cash payment.		2863	57	Dr

Cash Receipts $		Cash Payment $
“000”		“000”
Receipts from debtors	1440	Payments to creditors	798
Cash Sales	350	Interest expense	25
Proceeds from sale of property	1000	General and Administration expenses	498
Issue of 300,000 $1 ordinary shares	300	Financial Expense	98
Proceeds from bank loan	400	Purchase of equipment	99
Total cash receipts	3490	Repayment of Mortgage	947
		Selling and Marketing expenses	398
		Total cash payments	2863

Simplified Income Statement for the Year ended 30 June
	$0	$0
Sales		1530
Less Cost of Goods Sold		130
Gross Profit		1400
Less Operating Expenses
Selling and Marketing (including Doubtful debts $27000)
	425
General and Administration (includes Depreciation of $67000)	565
Financial expenses	182
Interest expense	28
		1200
Net Profit		200

Changes to Current Assets & Current Liabilities
Increase Debtors	144
Increase Inventory	73
Decrease Creditors	107
Increase Accrued Expense	3

Cash Payment $
“000”
Payments to creditors	798
Interest expense	25
General and Administration expenses	498
Financial Expense	98
Purchase of equipment	99
Repayment of Mortgage	947
Selling and Marketing expenses	398
Total cash payments	2863

Cash at the bank is 574.