Calculate cash flow from operating activities from the following data ( 3 marks) Profits made during the year $ 145,000 after considering the following items Amortization of Goodwill 3,000 Depreciation of Fixed Assets 17,000 Loss on Sale of Fixed Assets 2,500 Transfer to General Reserve 15,000 The ...

Cash flow from operating activities is the amount of cash a company generates from its core business ...

Calculate cash flow from operating activities from the following data: ( 3 marks) Profits made during the

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Calculate cash flow from operating activities from the following data: ( 3 marks)

Profits made during the year $ 145,000 after considering the following items :

Amortization of Goodwill 3,000

Depreciation of Fixed Assets 17,000

Loss on Sale of Fixed Assets 2,500

Transfer to General Reserve 15,000

The following is the position of current assets and current liabilities:

Particulars

31.3.07

31.3.08

Creditors

Debtors

Prepaid Expenses

Bills Payable

12,000

16,200

250

5,000

8,200

12,000

750

7,000

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Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

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Posted Date: Feb 16, 2024 05:25 AM

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Calculate cash flow from operating activities from the following data: ( 3 marks) Profits made during the

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Core Concepts of Accounting

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