prepare cash flow statement CASH FLOW EXERCISE 1 The balance sheets of R...
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Accounting
prepare cash flow statement
CASH FLOW EXERCISE 1 The balance sheets of R Lester are as follows 1.12 20x ixed assets 26,100 13.010) 3.090 Less Depreciation to date Stock 18,570 16,250 8,470 Less Bad debts 8,050 13,390 Cash and bank balances Less 4.14D) Creditors Net current assets Loan from J Gorsey Financed by Capital Opening balances bvd Add Net profit Add Cash introduced 35,760 33,590 11,070 8,560) Less Drawings Wote: Equipment with a book value of 1,350 was sold for 900, Depreciation written oft equipment during the year was (2,610
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