The following are the financial statements for A. Tack for the years ended 30 June 20X1 and
Question:
The following are the financial statements for A. Tack for the years ended 30 June 20X1 and 20X0:
Required
Prepare a statement of cash flows in accordance with IAS 7 for A. Tack for the year ended 30 June 20X1.
Transcribed Image Text:
Statement of profit or loss for the year ended 30 June 20X1 £'000 2,280 1,318 962 Sales revenue Less: Cost of goods sold Gross profit Less expenses Depreciation Office expenses Interest paid Rent Profit for the year 320 100 27 173 342 20X0 £'000 1,230 422 808 310 110 150 238
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Related Book For
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
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