Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. with the information provided above, prepare a cas

with the information provided above, prepare a cash flow statement using indirect method. Do not...

70.2K

Verified Solution

Question

Accounting

imageimagewith the information provided above, prepare a cash flow statement using indirect method. Do not skip any steps and explain where necessary.

The draft Income Statemeniss for Mwamba Plc for the year ended 31-12-21 thin comparatives is as follows: Draft balance sheets as at 3112 are as follows (1) Plant with a net book value of K260,000 was disposed of on 1= December 2021 for K184000 (ii) A rights issue at 95n per share was made during the year ended 31-12-21 REQUIRED: Prepare a cash flow statement using indirect method (25 Marks)

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