Total Equity & Liabilities 611,000 558,000 What is the total cash inflows or outflows for the year ending 30 September 2019? Enter your answer as a number with no € sign. If your answer is a cash outflow place a "-" symbol in front of the number (eg if the answer is minus ten thousand, your answer should be -10000)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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he Statement of Financial Position for Cush Limited for the year to 30 September 2019 is as follows: Non-Current Assets:
2019 2018 Land cost 300,000 200,000 Buildings cost 450,000 400,000 Buildings Accumulated Depn (215,000) (120,000)
535,000 480,000 Current Assets Inventory 25,000 22,000 Trade Receivables 36,000 39,000 Cash & Bank 15,000 17,000
76,000 78,000 Total Assets 611,000 558,000 Equity 2019 2018 Issued Share Capital 15,000 10,000 Share Premium 80,000
10,000 Retained Earnings 359,000 387,000 454,000 407,000 Non-current liabilities Debentures 120,000 100,000 Current
Liabilities: 2019 2018 Trade Payables 23,000 10,000 Taxation 12,000 16,000 Bank overdraft 2,000 25,000 37,000 51,000
Total Equity & Liabilities 611,000 558,000 What is the total cash inflows or outflows for the year ending 30 September
2019? Enter your answer as a number with no € sign. If your answer is a cash outflow place a "-" symbol in front of the
number (eg if the answer is minus ten thousand, your answer should be -10000)
Transcribed Image Text:he Statement of Financial Position for Cush Limited for the year to 30 September 2019 is as follows: Non-Current Assets: 2019 2018 Land cost 300,000 200,000 Buildings cost 450,000 400,000 Buildings Accumulated Depn (215,000) (120,000) 535,000 480,000 Current Assets Inventory 25,000 22,000 Trade Receivables 36,000 39,000 Cash & Bank 15,000 17,000 76,000 78,000 Total Assets 611,000 558,000 Equity 2019 2018 Issued Share Capital 15,000 10,000 Share Premium 80,000 10,000 Retained Earnings 359,000 387,000 454,000 407,000 Non-current liabilities Debentures 120,000 100,000 Current Liabilities: 2019 2018 Trade Payables 23,000 10,000 Taxation 12,000 16,000 Bank overdraft 2,000 25,000 37,000 51,000 Total Equity & Liabilities 611,000 558,000 What is the total cash inflows or outflows for the year ending 30 September 2019? Enter your answer as a number with no € sign. If your answer is a cash outflow place a "-" symbol in front of the number (eg if the answer is minus ten thousand, your answer should be -10000)
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