Information on the following balances appeared in the books of MALUME CC on 31 December 2017:...

  

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Information on the following balances appeared in the books of MALUME CC on 31 December 2017: Debtors control Inventory Cash and cash equivalents Creditors control EXTRACT FROM THE STATEMENT OF THE FINANCIAL POSITION OF MALUME CC AT 31 DECEMBER 2017 Distribution to members Taxation payable Provision for bad debts Sales Net profit after tax Depreciation 1 Interest received Interest paid Loss on sale of asset Distribution to members Income tax expense REQUIRED: 2 2017 EXTRACTS FROM THE STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME 2017 236 600 325 000 2.2 72 000 6 000 35 000 41 000 5 500 2016 235 000 340 000 33 000 13 000 40 000 40 000 4 100 450 000 75 000 7 500 4 000 3 600 Prepare the statement of cash flow for the year ended 31 December 2017. (Prepare only the cash flow from operating activities.) (6) Prepare the following note to the statement of cash flow: 2.1 Taxation and distribution to members (8) 800 20 000 21 000 Reconciliation of net profit before tax with cash generated from operations (16) Information on the following balances appeared in the books of MALUME CC on 31 December 2017: Debtors control Inventory Cash and cash equivalents Creditors control EXTRACT FROM THE STATEMENT OF THE FINANCIAL POSITION OF MALUME CC AT 31 DECEMBER 2017 Distribution to members Taxation payable Provision for bad debts Sales Net profit after tax Depreciation 1 Interest received Interest paid Loss on sale of asset Distribution to members Income tax expense REQUIRED: 2 2017 EXTRACTS FROM THE STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME 2017 236 600 325 000 2.2 72 000 6 000 35 000 41 000 5 500 2016 235 000 340 000 33 000 13 000 40 000 40 000 4 100 450 000 75 000 7 500 4 000 3 600 Prepare the statement of cash flow for the year ended 31 December 2017. (Prepare only the cash flow from operating activities.) (6) Prepare the following note to the statement of cash flow: 2.1 Taxation and distribution to members (8) 800 20 000 21 000 Reconciliation of net profit before tax with cash generated from operations (16)

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Statement of Cash Flow for the Year Ended 31 December 2017 Cash Flows from Operating Activities Amou... View the full answer