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Forums › ACCA Forums › ACCA FA Financial Accounting Forums › cashflows
Can some one help with mock test number 43 – cashflows
Depreciation 980 000
Profit on sale of assets 40 000
Increase in inventory 130 000
Decrease in receivables 100 000
Increase in payables 80 000
Can someone explain how we get the net adjustment of 890 000?
Even me I have the same doubt!!!!!!!! 🙁
The answer is 990,000
Add depreciation
Subtract profit on sale of assets
Subtract increase in inventory
Add decrease in receivables
Add increase in payables