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)
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)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![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)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F306c880e-1153-41fe-af47-73fb7c3f8b82%2F7f261706-be41-43ca-b7d7-332237d8ffde%2Fkb6nsie_processed.jpeg&w=3840&q=75)
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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