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imcomplete record

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › imcomplete record

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Anonymous.
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  • January 23, 2017 at 4:29 am #368913
    nhatanh2197
    Member
    • Topics: 10
    • Replies: 5
    • ☆

    Help me please!!
    A business’s bank balance increased by 750,000 during its last financial year. During the same period it issued shares of $1 million and repaid a loan note of 750,000. It purchased non current assets for $200,000 and charged depreciation of 100,000. Working capital ( other than the bank balance) increased by $ 575,000.
    what was its profit for the year?

    March 14, 2017 at 3:01 pm #378179
    Anonymous
    Inactive
    • Topics: 4
    • Replies: 6
    • ☆

    Find it using CASH FLOW FORMAT

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