ASSET CASH TRADE RECEIVABLE INVENTORIES LAND BUILDING EQUIPMENT ACCUMULATED DEPRECIATION -EQUIPMENT TOTAL LIABILITIES & EQUITY TRADE PAYABLE BOND PAYABLE COMMON SHARES RETAINED EARNING TOTAL ADDITIONAL INFORMATION PROFIT FOR 2022 DIVIDEND PAID IN 2022 PROCEEDS EQUIPMENT SALES BOOK VALUE EQUIPMENT (PRIOR TO SALE) DEPRECIATION EXPENSE FOR 2022 # Land and sales of equipment via cash 2022 260,000 400,000 360,000 3,000,000 2,000,000 3,000,000 3,000,000 150,000 (70,000) 5,980,000 80,000 (30,000) 7,070,000 2021 200,000 300,000 400,000 240,000 200,000 1,200,000 2,000,000 2,400,000 1,200,000 3,230,000 2,580,000 7,070,000 5,980,000 700,000 50,000 30,000 20,000 10,000 Requirement: prepare a statement of cash flows for the year ended 31 December 2022 using INDIRECT METHOD

ASSET CASH TRADE RECEIVABLE INVENTORIES LAND BUILDING EQUIPMENT ACCUMULATED DEPRECIATION -EQUIPMENT TOTAL LIABILITIES & EQUITY TRADE PAYABLE BOND PAYABLE COMMON SHARES RETAINED EARNING TOTAL ADDITIONAL INFORMATION PROFIT FOR 2022 DIVIDEND PAID IN 2022 PROCEEDS EQUIPMENT SALES BOOK VALUE EQUIPMENT (PRIOR TO SALE) DEPRECIATION EXPENSE FOR 2022 # Land and sales of equipment via cash 2022 260,000 400,000 360,000 3,000,000 2,000,000 3,000,000 3,000,000 150,000 (70,000) 5,980,000 80,000 (30,000) 7,070,000 2021 200,000 300,000 400,000 240,000 200,000 1,200,000 2,000,000 2,400,000 1,200,000 3,230,000 2,580,000 7,070,000 5,980,000 700,000 50,000 30,000 20,000 10,000 Requirement: prepare a statement of cash flows for the year ended 31 December 2022 using INDIRECT METHOD

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1. Net Operating Capital for 2022 2. Amount of Total Investor-Supplied (Net Current Investment and Net Fixed Asset Investment) operating capital for 2022 3. Free Cash Flow for 2022 Net Operating Working Capital for 2022 4. Net Operating Profit After Taxes for 2022
Study the information provided below and prepare the Cash Flow Statement of Company A for the year ended 31December 2022. Additional information¦ Selling and administrative expenses include the following:Depreciation on buildings R270 000Depreciation on plant and machinery R450 000¦ Property, plant and equipment were purchased during the year but there were no disposals.¦ Total dividends for the year ended 31 December 2022 amounted to R810 000.¦ 750 000 ordinary shares were issued by the company.¦ All purchases and sales of inventories were on credit.¦ The market price of each Company A share was R10 on 31 December 2022.
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What is the net book value of asset
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