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The inexperienced bookkeeper of Indaba Ltd was in the process of drafting a statement of cash flows. The following extracts from the statement of financial
The inexperienced bookkeeper of Indaba Ltd was in the process of drafting a statement of cash flows. The following extracts from the statement of financial position and additional information were available on their financial yearend, October : REQUIRED Prepare the statement of cash flows of Indaba Ltd for the year ended October INFORMATION Indaba Ltd Statement of financial position as at October Notes ASSETS Noncurrent assets Property, plant and equipment Current assets Debtors Inventory EQUITY AND LIABILITIES Equity Ordinary share capital Preference share capital Retained earnings Current liabilities Trade and other payables Shareholders for dividends Interest expense payable Income tax payable Bank overdraft Indaba Ltd Notes for the year ended October Property, plant and equipment Carrying amount October Cost Accumulated depreciation Movements during the year Additions Disposals Depreciation Carrying amount October Cost Accumulated depreciation Accumulated depreciation
The inexperienced bookkeeper of Indaba Ltd was in the process of drafting a statement of cash flows. The following
extracts from the statement of financial position and additional information were available on their financial yearend,
October :
REQUIRED
Prepare the statement of cash flows of Indaba Ltd for the year ended October
INFORMATION
Indaba Ltd
Statement of financial position as at October
Notes
ASSETS
Noncurrent assets
Property, plant and equipment
Current assets
Debtors
Inventory
EQUITY AND LIABILITIES
Equity
Ordinary share capital
Preference share capital
Retained earnings
Current liabilities
Trade and other payables
Shareholders for dividends
Interest expense payable
Income tax payable
Bank overdraft
Indaba Ltd
Notes for the year ended October
Property, plant and equipment
Carrying amount October
Cost
Accumulated depreciation
Movements during the year
Additions
Disposals
Depreciation
Carrying amount October
Cost
Accumulated depreciation
Accumulated depreciation
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