(a) How Amalgamation is different from Liquidation of companies? (b) With the help of Cash Account and...
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(a) How Amalgamation is different from Liquidation of companies?
(b) With the help of Cash Account and Schedule of Fixed Assets given in Table 4, 5 and 6, prepare CFS by using Indirect Method:
i. Tax charge for the year = $400,000
ii. Opening balance on Tax Liability = 100,000
iii. Other Expenses (Insurance, Paid in Advance) on 30 June.
iv. Insurance paid 300,000 in 2018, and for 2019 it is 400,000
Related Book For
Forecasting for Economics and Business
ISBN: 978-0131474932
1st edition
Authors: Gloria Gonzalez Rivera
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