Question 4 You are required to complete the below reports in line with Accounting standard AASB 107 Statement of cash flow and organisational policy and procedures, using the approved templates provided. Ensure the integrity of the templates including structure and format are maintained to ensure compliance with statutory and organisational requirements and ethical requirements. Highlight any key information that is being presented for greater clarity. Review the statements and data to check for errors (including any discrepancies from source documents below) and amend accordingly. From the following information students are required to: a. Insert the data provided for Jendaw Ltd into the finance system using the template provided (as per organisational requirements). b. Complete a Cash Flow Statement in accordance with AASB 107, for Jendaw Ltd for the year ended 30 June, 2018; and c. Prepare a Reconciliation between Net Operating Profit/Loss after Tax and Net Cash from Operating Activities as at 30 June, 2018, in accordance with AASB 107. [ FNSACC524_Preparing Financial Reports | [ Task3o0f3 ] [ 22/02/2023] Jendaw Ltd General Ledger (Extract) Cash at Bank a jjun-o1fopeningBalance | dS) CR Cash Receipts $ Issue of 300,000 $1 ordinary shares Proceeds from bank loan | Total cash receipts 3,490 | Cash Payments $ \"900\" Payments to creditors 798 Interest expense | 25 General and Administration 498 expenses Financial Expense 98 Purchase of equipment 99 Repayment of Mortgage 947 Selling and Marketing expenses 398 Total cash payments | 2,863 Simplified Income Statement for the Year ended 30 June $000 $000 Sales 1,530 Less Cost of Goods Sold 130 Gross Profit 1,400 Less Operating Expenses Selling and Marketing (including Doubtful debts 425 $27000) General and Administration (includes Depreciation of 565 $67000) Financial expenses 182 Interest expense 28 1,200 Net Profit $200 Changes to Current Assets & Current Liabilities Increase Debtors 144 Increase Inventory 73 Decrease Creditors 107 Increase Accrued 3 ExpenseQuestion 4 3 a. Insert the data provided for Jendaw Ltd into the finance system using the template provided (as per organisational requirements). 4 b. Complete a Cash Flow Statement in accordance with AASB 107, for Jendaw Ltd for the year ended 30 June, 2018; 5 6 Jendaw LTD Cash Flow Statement for year ended 30 June 2018 7 Co 9 Cash Flows from Operating Activities: Cash receipts from 10 customers 11 Cash paid to suppliers & employees 12 Cash generated from operation 13 Interest paid 4 Income tax paid 15 Interest received 16 Dividends received Net Cash Flows from Operating Activities Cash Flows from 18 Investing Activities: 19/ Purchase of property, plant & equipment Proceeds from sale of 20 property, plant & equipment 21 Payments for investments 22 Proceeds from sale of investments 23 Net Cash Flows from Investing Activities 24 Cash Flows from Financing Activities: 25 Proceeds from issue of share capital 26 Proceeds from long term borrowings Repayment of long term borrowings 28 Dividends paid Net Cash Flows from 29 Financing Activities 30 Increase/Decrease in Cash and cash Cash and cash 31 equivalents at Beginning of period Cash and cash 32 equivalents at End of period 33 34_, Net Cash Flow from 7 |current assets & current C) Reconciliation of net operating profit with net cash flow from operating activities Net Profit +/- Non-cash revenue & expenses: Depreciation Doubtul Debts +/- changes in non-cash liabilities: (Operating Activities