Question 23 The following summary cash account has been extracted from the company's accounting records: Summary...
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Question 23 The following summary cash account has been extracted from the company's accounting records: Summary Cash Account Balance at 1.3.2014 Receipts from customers Issue of shares Sale of fixed assets ('000) 35 2,783 300 128 3,246 Payments to suppliers Payments for fixed assets Payments for overheads Wages and salaries Taxation Dividends 2,047 230 115 69 243 80 250 (* '000) Repayments of bank loan. (3,034) Balance at 31.12.2014 212 Prepare Cash Flow Statement of this company Hills Ltd. for the year ended 31st March, 2015 in accordance with AS-3 (Revised). The company does not have any cash equivalents. Question 23 The following summary cash account has been extracted from the company's accounting records: Summary Cash Account Balance at 1.3.2014 Receipts from customers Issue of shares Sale of fixed assets ('000) 35 2,783 300 128 3,246 Payments to suppliers Payments for fixed assets Payments for overheads Wages and salaries Taxation Dividends 2,047 230 115 69 243 80 250 (* '000) Repayments of bank loan. (3,034) Balance at 31.12.2014 212 Prepare Cash Flow Statement of this company Hills Ltd. for the year ended 31st March, 2015 in accordance with AS-3 (Revised). The company does not have any cash equivalents.
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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