Prepare Fund flow statement from the following Balance sheets- Liabilities Equity Share Capital Preference Share capital...
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Prepare Fund flow statement from the following Balance sheets- Liabilities Equity Share Capital Preference Share capital 6% Debentures General Reserve Profit & Loss A/c Creditors Provision for tax Proposed Dividend 2008 40,000 50,000 38,000 5,000 10,000 9,000 2,000 2009 Assets 50,000 Fixed Assets 60,000 Less Depreciation 46,000 Net fixed assets 5,000 Stock 12,000 Debtors 8,000 Cash 5,000 Prepaid Expenses 4,000 4,200 1,58,000 1,90,200 2008 69,000 6,000 63,000 40,000 30,000 20,000 5,000 2009 61,000 7,000 54,000 50,000 50,000 30,200 6,000 1,58,000 1,90,200 Prepare Fund flow statement from the following Balance sheets- Liabilities Equity Share Capital Preference Share capital 6% Debentures General Reserve Profit & Loss A/c Creditors Provision for tax Proposed Dividend 2008 40,000 50,000 38,000 5,000 10,000 9,000 2,000 2009 Assets 50,000 Fixed Assets 60,000 Less Depreciation 46,000 Net fixed assets 5,000 Stock 12,000 Debtors 8,000 Cash 5,000 Prepaid Expenses 4,000 4,200 1,58,000 1,90,200 2008 69,000 6,000 63,000 40,000 30,000 20,000 5,000 2009 61,000 7,000 54,000 50,000 50,000 30,200 6,000 1,58,000 1,90,200
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Fund flow statement 2008 2009 Sources of funds Equity share capital 40000 500... View the full answer
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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