Prepare cash flow statement, Cost Accounting

The following details are available from a company:

                                                2003                2004                                    2003        2004

Share capital                            70,000             74,000             Cash    9,000               7,800

Debentures                              12,000             6,000              Debtors 14,900            17,700

Reserve for doubtful debts       700                 800                  Stock     49,200           42,700

Trade creditors                        10,360             11,840                         Land      20,000           30,000

P/L a/c                                     10,040             10,560           Goodwill   10,000            5,000

103,100           103,200                                     103,100         103,200

Additional information:

  I.   Dividend paid totalled to Ksh. 3,500.

  II.  Land was purchased for Ksh. 10,000.

  III. An amount provided for amortisation of goodwill was Ksh 5, 000.

  IV. Debentures paid off amounted to Ksh. 6,000.

Required; Prepare cash flow statement from the above.

Posted Date: 4/1/2013 2:46:28 AM | Location : United States







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