University of Ballarat —
Cash
Flow Tutorial
To complete our knowledge of accounting principles we will calculate the cash how of ’Class Exercise Pty Ltd’, using their Income Statement and Balance Sheet.
To get a feel for the problem, how much did Class Exercise Pty Ltd pay off their bank loan. How much dividend did they pay?
Over the page we re-construct the T accounts to see where the cash came from, and where it went.
Class Exercise Ry Ltd
Balance Sheet Summary as at 30 June
2006
2006
2005
Cash
55,200
73,800
Debtors
94,000
98,000
Inventory
107,300
112,400
Plant and Equipment
149,000
102,300
Accumulated Depn (P&E)
(46,000)
(48,000)
359,500
338,500
Accounts Payable
41,000
56,000
Accrued Expenses
28,200
5,500
Income tax Payable
18,000
15,000
Bank Loan
90,000
115,000
Paid Up Capital
100,000
80,000
Retained Earnings
82,300
67,000
359,500
338,500
Summary Income Statement 2005/06
Sales
384,000
Less COGS
198,000
Gross Profit on Sales
186,000
Proceeds on Sale of Eqpt
16,000
Less BV of Eqpt Sold
7,000
Profit on Sale of Eqpt
9,000
Gross Profit
195,000
less expenses
Depreciation
11,000
Interest
9,200
Other Expenses
119,000
139,200
Profit before tax
55,800
Income Tax Expense
18,000
Profit after tax
37,800
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Achiever Papers is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Dissertation Writing Service Works
First, you will need to complete an order form. It's not difficult but, if anything is unclear, you may always chat with us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download