Question
The following additional information relates to Khabongo Limited whose accounts are presented below: i. Analysis of sales in each of the years revealed that on
The following additional information relates to Khabongo Limited whose accounts are presented below:
i. Analysis of sales in each of the years revealed that on average 80% were made on credit basis while the rest are made on cash basis.
ii. A piece of plant costing Sh.200,000 had been disposed off on 1.10.2021 when its cumulative depreciation was Sh.150,000.
iii. The cost values of property, plant and equipment on various dates were Sh.7,000,000 and Sh.4,573,950 at 30.9.2022 and 30.9.2021 respectively.
v. All purchases over the two years were made on credit.
Use the information to provide the values in (i) to (xx) based on a cash flow statement. Just STRICTLY indicate the figures ONLY without the "Sh." e.g if the answer is Sh.100,000; simply put your answer as 100000. DO NOT USE Commas between numbers and DO NOT have spaces between the numbers. The figure ONLY is sufficient. In case a value is negative, provide the answer in brackets e.g if the net cash flows from operating activities is negative Sh.500,000, provide the answer as (500000)
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