Question

Question Three: ............................................... ......................................

The following is selected financial information in Jordanian dinars and additional data for Al-Hikma Prepare the statement of cash flows for the year ended 12/31/2012 according to the indirect method

2011 2012

Land 58,800 21,000

Equipment 504,00 789,600

Compound depreciation (84,000) (115,600)

Stock 168,000 201600

Accounts receivable (net) 84,000 151,200

Cash 42,000 63,000

Total 772 800 1110 800

The capital is 420,000 487,200

Retained earnings 67200 205800

Payable notes - long-term 168,000 302400

Payable notes - short-term 67200 29400

Accounts payable 50 400 86000

Total 772 800 1110 800

Additional data for 2012:

1. The net profit was 235,200 dinars.

2- The consumption was 31,600 dinars.

3. The land was sold at its original cost.

4- I paid a cash dividend of 96,600 dinars.

5. Equipment was purchased for 84,000 dinars in cash.

6- I used long-term payment notes in the amount of 201,600 dinars to pay for the purchase of equipment.

7. New capital shares were issued to pay the amount of 67,200 dinars in payment papers - long-term.

Answer 1