Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 1 the following information was oblaine

QUESTION 1 The following information was oblained from the accounting...

80.2K

Verified Solution

Question

Accounting

QUESTION 1
The following information was oblained from the accounting records of DBE Ltd on 31 December 2018, which is its financial year-end. The company has an authorised share capital of 750000 ordinary shares REQUIRED:
Complete the Cash Flow Statement for the year ended 31 December 2018. Show all workings to obtain part-marks.
Extract from the Income Statement for the year ended 31 December 2018:
\table[[interest on loan,27000],[interest on overdraft,380],[depreciation,58000],[income tax,23000],[net profit before income tax,100000]]
\table[[Information from the Statement of Financial Position:,2018,2017
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

Sketch the graph of the y 2 cos x 1 2 37 k k K12...

Biology
1.2K views

Please find the 4 true statements among the 12 listed below. Write down True or False next...

Finance
1.2K views

A pension fund manager is considering three mutual funds. The first is a stock fund, the...

Physics
1.2K views

Three charges with q = +6.3

Accounting
1.2K views

All other things the same, in periods of increasing sales, net operating income will tend to...

Physics
1.2K views

NY75 C 2 3 33 C Two spheres of different materials one having radius double...

Basic Math
1.2K views

Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance...

Accounting
1.2K views

1. Explain the difference between centralized and decentralized operations and give an example of each....

Accounting
1.2K views

P Co purchased 90% of S Co common stock at its book value of $200,000...

Accounting
1.2K views

QS 11-19 (Algo) Preparing stockholders' equity section LO P1, C2, P3 On December 31, Westworld...

Accounting
1.2K views

Cash flows from acquiring and selling products are classified as financing activities. operating activities. distribution...

Accounting
1.2K views

Assume that Jose is indifferent between investing in a corporate bond that pays 10% interest...