MAK BOOK STORE

DATE: XX-XX-2020
REFERENCE: _________________
CASH FLOW STATEMENT
INDIRECT METHOD
FOR THE YEAR:__________

OPERATING ACTIVITY
PROFIT BEFORE TAX
ADD FINANCE COST / INTEREST EXPENSE
ADD DEPRECIATION EXPENSE WORKING # 1
ADD AMORTIZATION EXPENSE
ADD LOSS ON DISPOSAL OF NCA WORKING # 2
LESS GAIN ON DISPOSAL OF NCA WORKING # 2
LESS ANY OTHER INCOME

OPERATING ACTIVITY BEFORE WORKING CAPITAL CHANGES

ADD DECREASE IN INVENTORY

LESS INCREASE IN INVENTORY
LESS INCREASE IN RECEVABLE
ADD DECREASE IN RECEVABLE
ADD INCREASE IN PAYABLES
LESS DECREASE IN PAYABLES

CASH GENERATION FROM OPERATION

LESS INTEREST EXPENSE PAID WORKING # 3

LESS TAX PAID WORKING # 4
ADD TAX REFUND WORKING # 4

CASH INFLOW / OUTFLOW FROM OPERATING ACTIVITY

INVESTING ACTIVITY
LESS PURCHASE OF NCA WORKING # 5
ADD SALE PROCEEDS OF NCA WORKING # 2
ADD OTHER INCOME RECEIVED
CASH INFLOW / OUTFLOW FROM INVESTING ACTIVITY

FINANCING ACTIVITY
ADD ISSUE OF SHARE WORKING # 6
ADD SHARE PREMIUM WORKING # 6
ADD LOAN TAKEN (INCREASE)
LESS REDUMPTION OF LOAN (DECREASE)
LESS DIVIDEND PAID WORKING # 7
CASH INFLOW / OUTFLOW FROM FINANCING ACTIVITY
 MAK BOOK STORE

NET INCREASE / DECREASE IN CASH AND CASH EQUIVALENTS

CHECKING
ADD OPENING CASH AND CASH EQUIVALENTS
ENDING CASH AND CASH EQUIVALENTS

Free ACCA study materials available here:

https://mak-bookstore.web.app
 MAK BOOK STORE

WORKING

WORKING # 1 WORKING: DEPRECIATION

ACCUMALATED DEPRECIATION
DISPOSAL OF NCA B/F OPENING BALANCE

C/F CLOSING BALANCE DEPRECIATION FOR THE YEAR

WORKING # 2 WORKING: LOSS OR GAIN ON DISPOSAL & SALE PROCEED

DISPOSAL ACCOUNT
ASSET AT COST ACC:DEP OF DISPOSAL

GAIN ON DISPOSAL SALE PROCEEDS OF NCA

LOSS ON DIPOSAL

WORKING # 3 WORKING: FOR INTEREST PAID

INTEREST ACCOUNT
INTEREST PAID B/F OPENING BALANCE

C/F CLOSING BALANCE FINANCE COST FROM SOCI

WORKING # 4 WORKING: FOR THE TAX PAID OR REFUND

TAX ACCOUNT
TAX FROM SOCI (IF LOSS THEN REFUND) B/F OPENING BALANCE

TAX FROM SOCI (IF PROFIT THEN

TAX PAID THIS YEAR
TAX PAID)

C/F CLOSING BALANCE TAX REFUND THIS YEAR

WORKING # 5 WORKING: FOR PURCHASE OF NCA

ASSETS ACCOUNT AT COST
B/F OPENING BALANCE DEISPOSAL OF NCA

PURCHASE OF NCA DEPRECIATION EXPENSE

REVALUATION C/F CLOSING BALANCE

 MAK BOOK STORE

WORKING # 6 WORKING: FOR ISSUE OF SHARE & PREMIUM

SHARE CAPITAL SHARE PREMIUM

B/F OPENING BALANCE
NEW ISSUE
BONUS ISSUE
C/F CLOSING BALANCE

WORKING # 7 WORKING: FOR DIVIDEND PAID

RETAINED EARNING ACCOUNT
DIVIDEND PAID B/F OPENING BALANCE

REVENUE RESERVES PROFIT AFTER TAX FROM SOCI

C/F CLOSING BALANCE

Free ACCA study materials available here:

https://mak-bookstore.web.app