1 1 1 1 1 1 NAME OF BUSINESS Statement of cash flows. for the year endled 31st dec 2023 Cash flow from operating activities $ { $ Profit before tax Adjustment for Depreciation expenses. Bad Debts XXX xxx xxx Interest Expense ххх Impairment lown Xxx loss on deposal of non current assts gan on disposal of non current assets XXX (xxx) Operating profit before working capital changes xxx less: Increase in current assets. Add Decrease in current assets. Add: Increase in current liability less: Decrease in current liability Cash generated from less Interest paid less tax paid (xxx) xxx xxx (xxx\ operating (3xxx9) (xxx) activities XXX Net cash operatedry expense St ← $ 8 C Cash flow from interesting activities Purchase of non current assets. Sale proceed from non current assets Investment made during the year Investment withdraw during the year Interest rec Investing Net cash used in inventary activities Cash flows from financing activities. xxxx XXX (xxx) xxx xxx Share capitial Share Premium Dividend paid XyX XXX (xxx) (xxx) long term loan reused Re payment of loan xxx (xxx) Net cash generated from financing act *** Net increased in cash of cash equipment cash of cash equivelants of start of year cash of cash equivelant of end of year xxx XXX Χαχ XXX EXAMPLE 19: MOOSANI LIMITED Question: The comparative statements of financial position of Moosani Ltd. show the following information: December 31 2015 2014 Rs. Rs. Cash 5,200 41,400 Accounts receivable 31,700 21,500 Inventory 25,000 19,400 Investments 16,900 Furniture Equipment 80,000 64,000 86,000 43,000 Total 227,900 206,200 Allowance for doubtful accounts 6,500 9,700 Accumulated depreciation on equipment 24,000 18,000 Accumulated depreciation on furniture 8,000 15,000 Trade creditors 10,800 6,500 Accrued expenses 4,300 10,800 Bills payable 6,500 8,600 Long-term loans 31,800 53,800 Capital 136,000 83,800 Total 227,900 206,200 Additional data related to 2015 is as follows: (i) (ii) (iii) (iv) (v) Equipment that had cost Rs. 23,000 and was 40% depreciated at the time of disposal was sold for Rs. 6,500. Payments against long-term loans amounted to Rs. 22,000 of which Rs. 12,000 was paid by Mr. Moosani out of his personal account. On January 1, 2015, the furniture was completely destroyed by a fire. Proceeds received from the insurance company amounted to Rs. 60,000. Investments were sold at Rs. 7,500 above their cost. Mr. Moosani withdraws Rs. 15,000 each month for his personal use. Required: Prepare a statement of cash flows for the year ended 31 December 2015.