Cash Flow Statement in DFS?
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I am working on the Dec 2004 DFS paper and Part c task 1.5 is to prepare a cash flow statement.
In the answer under the heading capital expenditure it says 'payments to acquire tangible fixed assets = (9900)
i have a P&L and a balance sheet and a rec of profit to cash inflow but i cant remember how to work this line out, please help thanks
In the answer under the heading capital expenditure it says 'payments to acquire tangible fixed assets = (9900)
i have a P&L and a balance sheet and a rec of profit to cash inflow but i cant remember how to work this line out, please help thanks
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Comments
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Re:Cash Flow Statement in DFS?
Hi Charlie.
If you look at the answers it tells you how to work it out.
Scott.0 -
Re:Cash Flow Statement in DFS?
Use a T account, enter your b/f, c/f, depreciation and any disposals in the question- the balancing figure is the cash paid amount- (this works for me)0