Question: Please answer correct, it is very important question for me Prepare cash flow using both method, direct method and indirect method Rafiki Co.'s comparative statement

Please answer correct, it is very important question for me

Prepare cash flow using both method, direct method and indirect method

Please answer correct, it is very important question for mePrepare cash flow

Rafiki Co.'s comparative statement of financial position for 2019 and 2020 are as follow: Rafiki Co. The Income Statement for 2020 Comparative Statement of Financial Position is as follow: As on December 31, 2019 and 2020 Rafiki Co. 2020 2019 Income Statement Assets For the year ended December 31, 2020 Cash Rp 68 000.000 | Rp 360.300.000 Sales Rp 671.000-050 Marketable securities RD 43.090.000 | Rp 30.000.090 Cost of Goods sold Rp 246.000.000 Account Receivable (net) RP 99.000.000 Rp 66. 200,000 RD 425.000.000 Prepaid insurance Rp 10.000_000 | RP Income Tax expense 25.000.0pa 20.090.000 RD 19.800.000 Inventory Rp 151.000.000 RP 178.000.0 MERC Capente Rp 101.000.000 Supplies RP 4-000.000 RP Loss on sale of land -RO 18.0004000 Land RP 738.090.000 Rp 660.600 Other operating expense .Fp #2 000 030 Rp 345 800 030 Equipment Ap 51.900.000 Rp 2 Net Income Rp 179.200-000 Act. Depreciation- equipment -Itp 99.000.000 145.060. Patents Rp 5.100.090 RP 15.000.000 Rp 1.121.000.000 RP1.475.000-090 labilities and SE Share Capital Ordinary shares Re 435 090.000 Rp 502.200.090 Share Premium Ordinary shares Ap 11 100.090 Rp 21.090 .060 Retained Earnings Ro 344 300 009 1 80 485 090 090 Notes Payable- Long Term Rp 183 060 000 | 8p 317400.800 Wages Payable Ap 82-200.090 Re 4 4 400 090 Account Payable 65 400 000 RP 101 600 090 Rp 1 121 090 000|801 475.000.900 . Depreciation of equipment is RP. 46 000.900 . Cash dividends of Rp 34.500 000 have been paid . Rafiki Co, issue Rp. 67.200 000 shares and used Rp. 55 000 900 to purchase the equipment . Rafiki Co. received Rp. 110.000 090 from the sale of land. . Share premium from the purchase of equipment RP 9 990 090 were used to purchase patents. Using data given above prepare the statement of cash flows of Rafiki Co. using indirect and direct method

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