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The following information was extracted from the Financial Statements of RR Trading. Extracts from the Statement of Financial Position as at 2 8 February 2
The following information was extracted from the Financial Statements of RR Trading.
Extracts from the Statement of Financial Position as at February
R R
Inventory
Trade and other receivables
Trade and other payables
SARS Income tax DRCR
Extracts from the Statement of Financial Performance for the year February
R R
Net profit before tax
Income Tax
Interest on loans
Dividend Paid
Depreciation
Required:
Prepare the Reconciliation between Profit before Taxation and Cash Generated from
Operations Note.
Prepare an extract of the Cash Flow Statement showing Cash Flows from Operating
Activities.
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