Some of the most recent financial statements for Rodrigo Pty Ltd are shown below: RODRIGO PTY...

 

   

Transcribed Image Text:

Some of the most recent financial statements for Rodrigo Pty Ltd are shown below: RODRIGO PTY LTD Statement of financial performance for the year ended 30 June 2023 Income Service fees Expenses Wages Depreciation - buildings Other expenses Profit Assets Cash at bank Accounts receivable Investments Goodwill Buildings (net) Land Liabilities and equity Accounts payable Expenses payable Mortgage payable Share capital Retained earnings $720 000 45 000 331 500 RODRIGO PTY LTD Comparative statements of financial position as at 30 June 2022 $55 500 144 000 $1215 000 1 096 500 $118 500 2023 $39 000 135 000 168 000 300 000 240 000 135 000 225 000 150 000 67 500 150 000 $ 777 000 $ 1 032 000 $112 500 $97 500 6 000 132 000 4 500 225 000 375 000 450 000 166 500 240 000 $ 777 000 $ 1 032 000 Additional information 1. Dividends were paid during the year. 2. The increase in investments was from cash. 3. The increases in land and buildings and goodwill were associated with the acquisition of a company but were partly funded by an increase in the mortgage with the bank. 4. Share capital was issued during the year for cash. Required Prepare a Statement of Cash Flows for Rodrigo Pty Ltd for the year ended 30 June 2023 using the direct method. You must also provide your workings using the T- accounts provided below. B Cash flows from 2 activities: ? ? ? ? RODRIGO PTY LTD Statement of Cash Flows for the year ended 30 June 2023 Cash flows from ? activities: ? ? ? ? ? Cash flows from 2 activities: ? ? ? ? Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at 2 of year Cash and cash equivalents at? of year $ GA GA GA $ $ 69 69 69 69 $ $ $ $ ச ச ச $ EA $ $ $ GAGA $ $ Some of the most recent financial statements for Rodrigo Pty Ltd are shown below: RODRIGO PTY LTD Statement of financial performance for the year ended 30 June 2023 Income Service fees Expenses Wages Depreciation - buildings Other expenses Profit Assets Cash at bank Accounts receivable Investments Goodwill Buildings (net) Land Liabilities and equity Accounts payable Expenses payable Mortgage payable Share capital Retained earnings $720 000 45 000 331 500 RODRIGO PTY LTD Comparative statements of financial position as at 30 June 2022 $55 500 144 000 $1215 000 1 096 500 $118 500 2023 $39 000 135 000 168 000 300 000 240 000 135 000 225 000 150 000 67 500 150 000 $ 777 000 $ 1 032 000 $112 500 $97 500 6 000 132 000 4 500 225 000 375 000 450 000 166 500 240 000 $ 777 000 $ 1 032 000 Additional information 1. Dividends were paid during the year. 2. The increase in investments was from cash. 3. The increases in land and buildings and goodwill were associated with the acquisition of a company but were partly funded by an increase in the mortgage with the bank. 4. Share capital was issued during the year for cash. Required Prepare a Statement of Cash Flows for Rodrigo Pty Ltd for the year ended 30 June 2023 using the direct method. You must also provide your workings using the T- accounts provided below. B Cash flows from 2 activities: ? ? ? ? RODRIGO PTY LTD Statement of Cash Flows for the year ended 30 June 2023 Cash flows from ? activities: ? ? ? ? ? Cash flows from 2 activities: ? ? ? ? Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at 2 of year Cash and cash equivalents at? of year $ GA GA GA $ $ 69 69 69 69 $ $ $ $ ச ச ச $ EA $ $ $ GAGA $ $

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Cash Flow Statement of Rodrigo PTY Ltd ... View the full answer