Many small businesses do not understand why it is that the net profit for a month does not represent the amount of money in the checking account. The question is, "Where is the money if I made that much profit?" This Tom Shay provides insight to the solution. www.profitsplus.org
Paul Smith, MD of Strategic Land Group and representative of the Housing the Powerhouse campaign, presents on the campaign's Tameside housing report and the impact of the Greater Manchester Spatial Framework
Many small businesses do not understand why it is that the net profit for a month does not represent the amount of money in the checking account. The question is, "Where is the money if I made that much profit?" This Tom Shay provides insight to the solution. www.profitsplus.org
Paul Smith, MD of Strategic Land Group and representative of the Housing the Powerhouse campaign, presents on the campaign's Tameside housing report and the impact of the Greater Manchester Spatial Framework
The Blackbeard Company Ltd provided the following information in reg.pdfrohit219406
The Blackbeard Company Ltd provided the following information in regard to its operations for
the year ended 30 June 2014:
Cash Book Summary
Opening balance
$20,000
Accounts Payable
$40,000
Accounts receivable
100,000
Bills Payable (suppliers)
20,000
Bills Receivable (suppliers)
20,000
Interest paid
60,000
Debenture Issue
400,000
Operating expenses
180,000
Dividends received
20,000
Salaries & wages
200,000
Interest received
40,000
Current tax payable
80,000
Motor vehicles
60,000
Plant & machinery
100,000
Share capital
200,000
Dividend paid
120,000
Balance c/d
60,000
860,000
860,000
Balance b/d
60,000
Required:
(a) Net cash used in operating activities; (b) Net cash used in investing activities; (c) Net cash
from financing activities;
(d) Net increase/(decrease) in cash and cash equivalents.
Please use the following format
Statement of Cash Flows for Blackbeard Company
For the Financial Year Ended 30 June 2014
( i ) Cash flows from Operating Activities
Inflows/
Inflows/
(Outflows)
(Outflows)
Net cash used in operating activities
( ii ) Cash flows from Investing Activities
Net cash used in Investing Activities
( iii ) Cash flows from Financing Activities
Cash Book Summary
Opening balance
$20,000
Accounts Payable
$40,000
Accounts receivable
100,000
Bills Payable (suppliers)
20,000
Bills Receivable (suppliers)
20,000
Interest paid
60,000
Debenture Issue
400,000
Operating expenses
180,000
Dividends received
20,000
Salaries & wages
200,000
Interest received
40,000
Current tax payable
80,000
Motor vehicles
60,000
Plant & machinery
100,000
Share capital
200,000
Dividend paid
120,000
Balance c/d
60,000
860,000
860,000
Balance b/d
60,000
Solution
Statement of Cash flows for Blackbeard Company For the Financial Year Ended 30
June 2014 (i) Cash flow from Operating Activities Inflows/(outflows)
Inflows/(outflows) Accounts Receivable $ 1,00,000 Bills Receivable (suppliers)
$ 20,000 Accounts Payable $ -40,000 Bills Payable(suppliers) $ -
20,000 Operating expense $ -1,80,000 Salaries and wages $ -2,00,000
Current Tax Payable $ -80,000 Dividend received $ 20,000 Interest
received $ 40,000 Net Cash used in Operating Activties $ -3,40,000
(ii) Cash flow from Investing Activities Sales of Motor Vehicle
$ 60,000 Purchase of Plant and Machinery $ -1,00,000 Net Cash
from Investing Actiivties $ -40,000 (iii) Cash flow from Financing activities
Debenture issue $ 4,00,000 Share capital $ 2,00,000 Interest
paid $ -60,000 Dividend paid $ -1,20,000 Net Cash from
financing actiivties $ 4,20,000 Net Increase /(decrease) in cash and cash
equivalent $ 40,000 Cash at the Beginning of the period $ 20,000 Cash at the
end of the period $ 60,000.
Accounting 970643 paper 4 problem solving (supplementary topics) october nove...alproelearning
Accounting 970643 paper 4 problem solving (supplementary topics) october november 2014
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
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This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
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An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
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Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
1. Cash Flow Statement Exercise 1
Cash Flow Statement of Rendezvors Partnership for the year ended 31 Dec 2014
a) Cash Flow from Operating Activities RM
Receipts
Cash Sales 25900
Interest revenue 300
Debtors 4570
Payments
Inventory 7950
Wages 2300
Selling Expenses 2240
General Expenses 3200
Creditors 6830
Net Cash Flow from Operating Expenses Activities
b) Cash Flow from Investing Activities
Receipts
Motor Vehicles 4500
Payment
Machinery 8030
Office Equipment 790
Net Cash Flow from Investing Activities
c) Cash Flow from Financing Activities
Receipts
Loan 8500
Capital 10000
Payments
Drawings 13500
Loan 5500
Net Cash Flow from Financing Activities
Change in Net Cash Flow
Cash Balance (1 Jan 2014)
Cash Balance (31 Dec 2014)
