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The balances in the accounts of XYZ at 30 June 201...

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The balances in the accounts of XYZ at 30 June 2012 and 30 June 2013 are attached. Other information: Share capital is increased by the bonus issue of 20 000 shares for $1.00 each out of retained earnings. Plant is acquired during the period at a cost of $30 000, while plant with a carrying value of $nil (cost of $20 000; accumulated depreciation of $20 000) is scrapped. Required: Prepare a statement of cash flows for XYZ Ltd for the year ending 30 June 2013.

 

Paper#11728 | Written in 18-Jul-2015

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