General

Paper F7 changed its name a few years ago and is not called Paper FR. The ACCA recommend that the papers are taken in the order in which they are listed on their website, and that is a very sensible recommendation. Their recommended order is: BT MA FA LW PM TX FR AA FM Obviously I do not know which of these papers you have already passed or are exempt from, but subject to that then again it is a sensible order.

. June 09($) June 08($) Current assets Cash 6,000 8,000 Short- term investment 6,000 3,000 Current liabilities Bank overdraft 9,000 6,000 Short-term investments are highly liquid assets with maturity period of 3 months. The cashflow statement for the year ended 30 June 2009 would show the change in cash and cash equivalents as: $________________ sir will the asnwer be 2000?

In future you must start a new thread when you are asking about a different topic. The answer is minus 2,000 (although why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers :-) )