Prepare a statement of cash flows in accordance with IAS 7 using the information in Question 32.9.

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Prepare a statement of cash flows in accordance with IAS 7 using the information in Question 32.9. There was no investment income or interest paid during the year ended 31 March 20X3.

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Introduction To Financial Accounting

ISBN: 978-0077138448

7th edition

Authors: Anne Marie Ward, Andrew Thomas

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Question Posted: Dec 20, 2016 10:32 AM

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Prepare a statement of cash flows in accordance with IAS 7 using the information in Question 32.9.

Question:

J. White Statements of financial position as at 31 March Non-current assets Freehold premises Depreciation to date Depreciation to date 1,200 1,000 (750) 140C400 EQUITY AND LIABILITIES 11000 4500 6,500 (3,200 5,200 Current liabilitie Total liobilities Total equity and liabilities

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a Purpose of the statement of cash flows The purpose of a statement of cash flows is to show the rea...View the full answer

Introduction To Financial Accounting

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