Practice Question : Cash flow statement

The directors of Capital Edge Ltd have yet to produce a cash flow statement for the year ended 28 February 2006. They have extracted the following trial balance at 28 February 2006:

1. Prepare a trading , profit & loss account for the year ended 28 February 2006 2. A balance sheet at 28 February 2006

Balance sheet at 2006 for Capital Edge

3. Prepare Cash flow forecast for the year ended 28 February 2006 .

Solution

Capital Edge Cash flow statement for the year ended 28 February 2006