- 20 Marks
Question
The financial statements of Uwana Manufacturing Limited are given below:

Additional Information:
In 2017, a plant costing N466,000 with accumulated depreciation of N335,000 was disposed of for N186,000. Included in trade payables is accrued interest of N37,000 (N18,000 in 2016). The trade payables include a creditor for plant purchased of N18,000.
Required:
Prepare a statement of cash flow for the year ended December 31, 2017, using the indirect method.
Answer

- Tags: Cash Flow, Financial Statements, Indirect Method
- Level: Level 1
- Topic: Statement of Cash Flows (IAS 7)
- Series: MAY 2018
- Uploader: Theophilus