Practice Question : Cash Flow Statement
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The directors of Capital Edge Ltd have yet to produce a cash flow statement for the year ended 28 February 2006. They have extracted the following trial balance at 28 February 2006:
1. Prepare a trading , profit & loss account for the year ended 28 February 2006 2. A balance sheet at 28 February 2006
Balance sheet at 2006 for Capital Edge
3. Prepare Cash flow forecast for the year ended 28 February 2006 .
Solution
Capital Edge Cash flow statement for the year ended 28 February 2006
1. Prepare a trading , profit & loss account for the year ended 28 February 2006 2. A balance sheet at 28 February 2006
Balance sheet at 2006 for Capital Edge
3. Prepare Cash flow forecast for the year ended 28 February 2006 .
Solution
Capital Edge Cash flow statement for the year ended 28 February 2006
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