The Comparative balance sheet of ASAD LIMITED for June 30, 2018 and June 30, 2017 is as follows: Assets June 30, 2018 June 30, 2017 Cash Rs.93,400 Rs. 57,800 Account Receivable (Net) 125,000 123,500 Inventories 146,500 108,900 Investment -- 65,000 Land 145,000 ---- Equipment 367,600 278,600 Accumulated Depreciation (110,900) (87,400) Equities Accounts Payable Rs. 82,400 Rs. 74,000 Accrued Expenses 6,700 6,000 Dividend Payable 18,400 15,700 Ordinary Shares Capital Rs. 10 100,000 70,000 Ordinary Shares Premium 320,000 200,000 Retained Earning 239,100 180,700 The following additional information has been taken from the records of ASAD LIMITED Equipment and Land acquired for cash The investments were sold for Rs. 95,00 cash The ordinary shares were issued for cash Net Income Rs. 32,000 Cash Dividend Declared Rs. 73,600 Required:Prepare a Statement of Cash Flow for the year ended June 30, 2018

The Comparative balance sheet of ASAD LIMITED for June 30, 2018 and June 30, 2017 is as follows: Assets June 30, 2018 June 30, 2017 Cash Rs.93,400 Rs. 57,800 Account Receivable (Net) 125,000 123,500...

The Comparative balance sheet of ASAD LIMITED for June 30, 2018 and June 30, 2017 is as follows:

The following additional information has been taken from the records of ASAD LIMITED

Required:Prepare a Statement of Cash Flow for the year ended June 30, 2018

Jun 03, 2022