Madibeng Ltd, a construction company has extracted the following cash flows from its books as at 31st December, 2019 Item Question 2 Operating profit Increase in inventories over a year Increase in accounts receivables over a year Increase in accounts payables over a year Depreciation for the year Tax paid Interest received Interest paid Increase in non-current liabilities Purchase of plant and machinery Share capital issued Dividends paid Purchase of patents Amount in Rands 25,000 3,500 1,300 800 6,000 23,500 3,000 500 4,600 18,350 3,200 550 1,650 Required Prepare the statement of cash flows for Madibeng Ltd for 31st December, 2019 using indirect method.

Madibeng Ltd, a construction company has extracted the following cash flows from its books as at 31st December, 2019 Item Question 2 Operating profit Increase in inventories over a year Increase in accounts receivables over a year Increase in accounts payables over a year Depreciation for the year Tax paid Interest received Interest paid Increase in non-current liabilities Purchase of plant and machinery Share capital issued Dividends paid Purchase of patents Amount in Rands 25,000 3,500 1,300 800 6,000 23,500 3,000 500 4,600 18,350 3,200 550 1,650 Required Prepare the statement of cash flows for Madibeng Ltd for 31st December, 2019 using indirect method.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 14GI: Dunn Company recognized a 5,000 unrealized holding gain on investment in Starbuckss long-term bonds...

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