Cash Flow from Operating Activities

FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

Question

a) Mensah & Co. Ltd
Statement of Financial Position as at 31 December 2017

Required:
a) Prepare a statement of cash flow as at 31 December 2017 for Mensah & Co. Ltd using the indirect method. (17 marks)

b) Differentiate between the Direct and Indirect Method of reporting cash flow from operating activities. (3 marks)

Answer

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Topic: IAS 7: Statement of cash flows
Series: NOV 2018

FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

Question

New World Company Limited is a large manufacturer of electrical goods. You are a trainee accountant working for the company. The following statement of profit or loss and other comprehensive income and statement of financial position extracts relate to New World Company Limited.

Required:
Prepare the statement of cash flows for New World Company Limited for the year ended 31 December 2017. (20 marks)

Answer

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Topic: IAS 7: Statement of cash flows
Series: MAY 2018

FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

Question

a) Mensah & Co. Ltd
Statement of Financial Position as at 31 December 2017

Required:
a) Prepare a statement of cash flow as at 31 December 2017 for Mensah & Co. Ltd using the indirect method. (17 marks)

b) Differentiate between the Direct and Indirect Method of reporting cash flow from operating activities. (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Topic: IAS 7: Statement of cash flows
Series: NOV 2018

FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

Question

Required:
Prepare the statement of cash flows for New World Company Limited for the year ended 31 December 2017. (20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Topic: IAS 7: Statement of cash flows
Series: MAY 2018

Question Tag: Cash Flow from Operating Activities

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FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

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Question Tag: Cash Flow from Operating Activities

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FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

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FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

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FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows

Prepare a statement of cash flows using the indirect method and differentiate between the direct and indirect methods.

You're reporting an error for "FA – Nov 2018 – L1 – Q2 – IAS 7: Statement of cash flows"

FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows

Prepare the statement of cash flows for a company based on provided financial data.

You're reporting an error for "FA – May 2018 – L1 – Q4 – IAS 7: Statement of cash flows"

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