The following summarised accounts have been prepared for Pill Limited: Additional information: (a) There were no sales
Question:
The following summarised accounts have been prepared for Pill Limited:
Additional information:
(a) There were no sales of non-current assets during the year ended 31 May 2020.
(b) The loans were paid back at the beginning of the year.
Required:
(a) Compile Pill Limited’s statement of cash flows for the year ended 31 May 2020.
(b) What does it tell the managers of Pill Limited?
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Related Book For
Accounting For Non Accounting Students
ISBN: 9781292286938
10th Edition
Authors: John Dyson, Ellie Franklin
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