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15 marksPublished Accounts and Statement of Cash Flows

CAPE Accounting Unit 1 · 2016 · Paper 2 · Question 3(a)

M. Ralph, trading as Farmers Mart, provides summary financial statements for the year ended 31 December 2015 along with additional information: - Equipment with book value 65,000 was sold for 40,000 (loss included in administrative expenses). - Selling expenses includes depreciation of 53,400. - Equipment valued at 143,600 was purchased by cheque. - Current assets at 31 December 2014 includes cash at bank of $45,000.

Prepare a Statement of Cash Flow for the year ended 31 December 2015.

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