From the following details, prepare a statement showing funds from operating activities for the year ending March
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From the following details, prepare a statement showing funds from operating activities for the year ending March 2010:
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(i) Preliminary expenses written off (ii) Loss on sale of plant (iii) Provision for bad debts (iv) Provision for tax (v) Depreciation on fixed assets (vi) Profit on sale of investment (vii) Transfer to dividend equalization reserve (viii) Net profit for the year (before provision for tax) 15,000 €1,250 €2,750 1,50,000 17,500 * 7,500 €17,500 10,00,000
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