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This is the answer sheet please solve on it 111 etisalat 91% 12:49 PM udmoodle.ud.ac.ae Question 3: Preparation and Presentation of the Cash Flow Statement

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111 etisalat 91% 12:49 PM udmoodle.ud.ac.ae Question 3: Preparation and Presentation of the Cash Flow Statement You are employed as the accounts executive for Mixed Radar Limited. Your superior has gone on vacation and requires you to prepare some financial statements. The abbreviated balance sheet of Mixed Radar Limited as at December 31, 2021 and December 31, 2022 are illustrated below 2021 2022 Assets on-Current Assets Plant and E (at Cost) S760,000.0 S288,000 Less; Accumulated Plant and 18.000 $472,000.0 186,000.0 $658,000.0 at Net $214,000.0 $816,000.0 Total Now-Current Assets urrent Assets S596,000 Trade Receivables ash and Cash Equivalents otal Current Assets $392,000.0 55,000.0 $933,000.0 So $789,000.0 Total Assets 1,591,000.0 Liabilities and Owners'F Liabilities Non-Current Liabilities 400,000.0 400,000.o S100,000.0 $100,000.0 Total Now-Current Liabiliies urrent Liabilities $396,000.0 $72.000.0 96,000.0 522,000.0 Trade Pavables $64,000.o $87,000.0 Tax Payable verdraft wal Current Liabilinies Total Liabilities 629,000.0 1,029,000.0 $686,000.0 wners aid-Up Capital 5350,000.0 $75,000.o $137,000.0 $562,000.0 $125,000.0 $294,000.0 $919,000.0 ned Earni Total Owners' Equity Total Liabilities and Shareholders' 1,591,00 ,605,00

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