Accounting 9706 · AS & A Level · Preparation of financial statements

Preparation of financial statements — practice question

These figures apply to a limited company over a year. repayment of a debenture $200000$ receipt from issue of ordinary shares $500000$ non-current assets purchased by cheque $300000$ net book value of disposals $50000$ disposal proceeds $60000$ revaluation surplus $20000$ What was the total net cash inflow from these items?

  • A$60000$
  • B$70000$
  • C$80000$
  • D$110000$

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