A-LevelAccountingStatement of Cash FlowsFeb/Mar 2021Paper 1 Q171 Mark
The following relates to a limited company during a year. $ repayment of a debenture 200 000 receipt from issue of ordinary shares 500 000 non-current assets purchased by cheque 300 000 net book value of disposals 50 000 disposal proceeds 60 000 revaluation surplus 20 000 What was the total net cash inflow arising from these?
A$60000
B$70000
C$80 000
D$110000
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The correct answer is A. This question tests the candidate's understanding of statement of cash flows within the Accountingsyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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