Question: . assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a I.EE + ABICONE Kaucou daxed ABCDE

 . assignment Compatibility Mode] Q- Search in Document Home Insert DesignLayout References Mailings Review View 2+ Share a I.EE + ABICONE Kaucou

. assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a I.EE + ABICONE Kaucou daxed ABCDE Times New R... 12 - A A- A A AA B Umbe Xx XA A. AalbCode AaBb AaBbCcDc AaBbc Dd Heading 2 2 Paste bcy Fm Herding 1 Normal Str Subtitle TIL Styles Pane Hangha Ltd Income Statement For the Year Ending 30 June 2020 . $ $ $ 750 000 Sales Less Cost of Goods Sold Gross Profit Add Profit on Sale of plant and Equipment 147 000 - 600 147 600 120 900 6000 Less Expenses General Expenses Depreciation - Plant and Equipment Depreciation - Office Equipment Profit before Tax Less Income Tax Expense Net Profit After Tax 800 137 600 10.000 4.200 $5800 . Additional information A dividend was paid during the year which amounted to $8 000 Plant and equipment costine $5 000 was sold during the year and proceeds amounting to $3000 received. At the date of sale the accumulated depreciation of the asset amounted to $2 600. Required Prepare a statement of cash flows for Hoogha Ltd for the year ending 30 June 2020. Shaw all calculations, Pagn 2 of 2 12 of 339 wards English (United States . assignment Compatibility Mode] Q- Search in Document Home Insert Design Layout References Mailings Review View 2+ Share a I.EE + ABICONE Kaucou daxed ABCDE Times New R... 12 - A A- A A AA B Umbe Xx XA A. AalbCode AaBb AaBbCcDc AaBbc Dd Heading 2 2 Paste bcy Fm Herding 1 Normal Str Subtitle TIL Styles Pane Hangha Ltd Income Statement For the Year Ending 30 June 2020 . $ $ $ 750 000 Sales Less Cost of Goods Sold Gross Profit Add Profit on Sale of plant and Equipment 147 000 - 600 147 600 120 900 6000 Less Expenses General Expenses Depreciation - Plant and Equipment Depreciation - Office Equipment Profit before Tax Less Income Tax Expense Net Profit After Tax 800 137 600 10.000 4.200 $5800 . Additional information A dividend was paid during the year which amounted to $8 000 Plant and equipment costine $5 000 was sold during the year and proceeds amounting to $3000 received. At the date of sale the accumulated depreciation of the asset amounted to $2 600. Required Prepare a statement of cash flows for Hoogha Ltd for the year ending 30 June 2020. Shaw all calculations, Pagn 2 of 2 12 of 339 wards English (United States

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!