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Use the information provided above to prepare the Cash Flow Statement of Libra Limited for the year ended 30 September 2019. The informahon given below
Use the information provided above to prepare the Cash Flow Statement of Libra Limited for the year ended 30 September 2019.
The informahon given below was oblained from the books of Libra Limited EXTRACT FROM THE STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 SEPTEMBER 2019 C. ADDITIONAL INFORMATION All purchases and sales of inventories are on credit. Equipment was purchased for cash. A vehicle with a cost price of R144 000 and accumulated depreciation of R24 000 was sold at carrying value Interim dividends paid during the year amounted to R91 200. No final dividends were declared. The issued share capital for the year ended 30 September 2019 consisted of 500000 ordinary shares. Trade and other payables consisted of trade creditors only
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