The FOllowing information from the accounts of kesha Ltd for the year ended December 31, 2009 has...

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Accounting

TheFOllowing information from the accounts of kesha Ltd for the yearended December 31, 2009 has been provided to you:
Net icome................................2,090,000
Amortization of intangible assert.............120,000
Proceeds from issue of ord. share...........1,030,000
Increase ininventory...............................180,000
Sale of building at shs 100,000 gain........850,000
Increase in accounts payable...........150,000
Purchase of computer equipment........1,250,000
Payments of cash dividends..............240,000
Depreciation expense...................350,000
Increase in accounts receivable...........230,000
Payment of mortagage.................520,000
Decrease in short-term notes payable.......80,000
Sale of land at shs 50,000 loss............260,000
Purchase of delivery truck.................330,000
Cash at the beginning of the year ......1,730,000
CAsh at the end of the year ................3,700,000

Required,
Cash flow statement for the kesha ltd for the year endedDec.31, 2009.

Answer & Explanation Solved by verified expert

4.2 Ratings (793 Votes)

Statement of cash flows Particulars Cash flow from Operating Activities Net income 2090000 Add Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense 350000 See Answer

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