The following information is an extract from the financial statements of Diego Ltd SoFP extracts (s)...

 

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The following information is an extract from the financial statements of Diego Ltd SoFP extracts (£s) Equity Share capital Share premium Retained earnings Current liabilities Interest payable Statement of profit or loss extracts (£s) Operating profit Interest expense Profit for the year 2022 a) Share capital b) Dividends c) Interest 31,240 39,820 53,480 124,540 22,518 2022 73,004 (24,570) 48,434 2021 23,280 35,100 28,210 86,590 18,266 2021 60,036 (19.638) 40,398 Diego would like help preparing the Statement of cash flows for the year 2022 Compute the amounts to be recorded in the Statement of cash flows relating to the following items and state in which section of the Statement they appear. 2 marks 2 marks 2 marks Total 6 marks Important: If the amount is positive show a +ve in front of your figure. If the amount is negative show a -ve in front of your figure. The following information is an extract from the financial statements of Diego Ltd SoFP extracts (£s) Equity Share capital Share premium Retained earnings Current liabilities Interest payable Statement of profit or loss extracts (£s) Operating profit Interest expense Profit for the year 2022 a) Share capital b) Dividends c) Interest 31,240 39,820 53,480 124,540 22,518 2022 73,004 (24,570) 48,434 2021 23,280 35,100 28,210 86,590 18,266 2021 60,036 (19.638) 40,398 Diego would like help preparing the Statement of cash flows for the year 2022 Compute the amounts to be recorded in the Statement of cash flows relating to the following items and state in which section of the Statement they appear. 2 marks 2 marks 2 marks Total 6 marks Important: If the amount is positive show a +ve in front of your figure. If the amount is negative show a -ve in front of your figure.

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Cash Flow workings 1 Share capital Increase in Share capital and Inc... View the full answer