Prepare a Cash Flow Statement for Century Office Ltd as on 31st December 2020 from the following information: (25 marks) Statement of Financial Position Liabilities 1/12/2020 (P) 31/12/2020 (P) Assets 1/12/2020 (P) 31/12/2020 (P) Share Capital 8% Debentures Retained Earnings Creditors Accounts Payable Provision for Tax 100,000 - 60,000 40,000 20,000 30,000 400,000 200,000 90,000 1,00,000 40,000 40,000 Goodwill Machinery Stock Debtors Cash at Bank Cash in Hand - 125,000 20,0000 30,000 50,000 25,000 20,000 47

Prepare a Cash Flow Statement for Century Office Ltd as on 31st December 2020 from the following information: (25 marks) Additional Information: a. During 2020, the business of a sole trader was purchased by issuing shares for P. 200,000. The assets acquired from him were: Goodwill P 20,000, Machinery P. 100,000, Stock. P 50,000 and Debtors P 30,000 . b. Provision for tax charged in 2020 was P. 35,000 . c. The debentures were issued at a premium of 5% which is included in the retained earnings