Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how to calculate share capital question 2 t

how to calculate share capital QUESTION 2 The...

70.2K

Verified Solution

Question

Accounting

how to calculate share capital

image

QUESTION 2 The Greene Corp. produced the following data accompanying its financial data for 2022; a. Equipment costing 10,000 with a book value of 8,000 was sold for 15,000 b. Motor vehicle costing 40,000 with depreciation of 16,000 was sold at a loss of 5,500 c. The building was revalued during the year. d. No dividend was paid during the year. Required: (a) Prepare the cash flow statement for the year ended 2022. (25 marks) (b) Comment on the performance and financial position of the company, using relevant items in the cash flow statement

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Write the number in standard form 8 75 x 10 4 8 75x10 4

Basic Math
Q

A gaseous fuel mixture stored at 744 mm Hg and 298 K contains only methane (CH4)...

Chemistry
Q

The traffic volume in the year 2018 at an airport (number of take-offs and landings) during...

Civil Engineering
Q

what factors do you think may cause the experimental value to be different from the accepted...

Physics
Q

Create a Mind Map using a tool such as Popplet®, Mindmeister®, GoConqr®, or a Microsoft® Word...

Operations Management
Q

recycling of receptors mRNA export from the nucleus uptake of completed polypeptides with special targeting...

Biology
Q

6 1 pt Convert 48 to a simplified fraction

Statistics
Q

Find the vertex of the parabola defined by the equation y 4x 12x 9 Select...

Algebra
Q

The financial budgets of a business include the cash budget, the budgeted income statement, and...

Accounting
Q

Abby Realty loaned money and received the following notes during 2024 Click the icon to...

Accounting
Q

Closing journal entries 5. Post-Closing Trial Balance

Accounting
Q

Kindly help me with those financial accounting and reporting homework questions..... Question one (35...

Accounting