The following information is provided from the financial statements of Circus Ltd: 2019 €000 2018 €000 STATEMENT OF FINANCIAL POSITION Property, plant and equipment – cost Accumulated depreciation Equity and Reserves Revaluation surplus 960 770 250 210 110 STATEMENT OF PROFIT OR Loss (EXTRACT) ended 31 December 2019 for the year € Depreciation Loss on disposal 90,000 8,500 The asset sold during the year had originally cost €66,000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Urgentt!!!   Calculate net cash from investing activities

The following information is provided from the financial statements of Circus Ltd:
2019 €000
2018 €000
STATEMENT OF FINANCIAL POSITION
Property, plant and equipment – cost
Accumulated depreciation
Equity and Reserves
Revaluation surplus
960
770
250
210
110
STATEMENT OF PROFIT OR Loss (EXTRACT)
for the year ended 31 December 2019
€
Depreciation
Loss on disposal
90,000
8,500
The asset sold during the year had originally cost €66,000.
Transcribed Image Text:The following information is provided from the financial statements of Circus Ltd: 2019 €000 2018 €000 STATEMENT OF FINANCIAL POSITION Property, plant and equipment – cost Accumulated depreciation Equity and Reserves Revaluation surplus 960 770 250 210 110 STATEMENT OF PROFIT OR Loss (EXTRACT) for the year ended 31 December 2019 € Depreciation Loss on disposal 90,000 8,500 The asset sold during the year had originally cost €66,000.
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