From the following details, prepare cash flow statement: From the following details, prepare a statement showing cash
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From the following details, prepare cash flow statement:
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From the following details, prepare a statement showing cash flow from operating activities for the year ending March 2010. (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 * 15,000 1,250 *2,750 *1,50,000 17,500 7,500 17,500 10,00,000 (vii) Transfer to dividend equalisation reserve (viii) Net profit for the year The following were the opening and closing balances of current items: Item 2009 (*) Debtors 30,000 Bills receivables 25,000 500 25,000 20,000 12,500 Pre-paid expenses Creditors Bills payables Outstanding expenses 2010 (*) 37,500 21,250 750 37,500 15,000 10,000
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