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  • 2 Cash Flow Practical - Question

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    Sunny Goyal
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    The balance sheet shows the company's liabilities and assets for 2018 and 2019. Liabilities increased from 2018 to 2019 due to a rise in share capital. Assets also increased over this period due to higher cash balances and current assets. The profit and loss statement reveals the company's revenues, expenses, pre-tax and post-tax profits for 2019. Expenses were higher than 2018 mainly from increased cost of materials and finance costs, however revenues were also up leading to higher pre-tax and post-tax profits compared to the previous year.

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    CFS Questiom

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    The balance sheet shows the company's liabilities and assets for 2018 and 2019. Liabilities increased from 2018 to 2019 due to a rise in share capital. Assets also increased over this period due to higher cash balances and current assets. The profit and loss statement reveals the company's revenues, expenses, pre-tax and post-tax profits for 2019. Expenses were higher than 2018 mainly from increased cost of materials and finance costs, however revenues were also up leading to higher pre-tax and post-tax profits compared to the previous year.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    15 views2 pages

    2 Cash Flow Practical - Question

    Uploaded by

    Sunny Goyal
    The balance sheet shows the company's liabilities and assets for 2018 and 2019. Liabilities increased from 2018 to 2019 due to a rise in share capital. Assets also increased over this period due to higher cash balances and current assets. The profit and loss statement reveals the company's revenues, expenses, pre-tax and post-tax profits for 2019. Expenses were higher than 2018 mainly from increased cost of materials and finance costs, however revenues were also up leading to higher pre-tax and post-tax profits compared to the previous year.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Balance Sheet

    Liabilities 2018 2019 Assets 2018

    Share Capital 125,000 153,000


    Cash 80,000
    Creditors 40,000 44,000 Current Assets 85,000

    Total 165,000 197,000 Total 165,000

    Statement of Profit and Loss

    Revenue

    Expenses

    Cost of Material consumed 320,000


    Finance Cost 52,000

    PBT

    Tax

    PAT
    2019

    -
    97,000 -17,000
    100,000 -15,000

    197,000

    500,000

    372,000

    128,000

    100,000

    28,000

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