Problem solving. The comparative statements of financial position of DCF NV at the beginning and end of the year 2021 ap

[answerhappygod]

Problem solving.
The comparative statements of financial position of DCF
NV at the beginning and end of the year 2021 appear
below.

Problem Solving The Comparative Statements Of Financial Position Of Dcf Nv At The Beginning And End Of The Year 2021 Ap 1 (146.49 KiB) Viewed 39 times

- Net income of €47,000 was reported, and dividends of €1 5,000
were paid in 2021 . New equipment was purchased and none was
sold.
- Requirements:
- Prepare a statement of cash flows for the year 2021 .
DCF NV Statements of Financial Position Assets Dec. 31, 2021 Jan. 1, 2021 Inc./Dec. Equipment € 46,000 € 34,000 €12,000 Inc. Less: Accumulated depreciation equipment (18,000) (10,000) 8,000 Inc. Accounts receivable 113,000 93,000 20,000 Inc. Cash 70,000 17,000 53,000 Inc. Total €211,000 €134,000 Equity and Liabilities Share capital-ordinary €110,000 € 80,000 30,000 Inc. Retained earnings 68,000 36,000 32,000 Inc. Accounts payable 33,000 18,000 15,000 Inc. Total €211,000 €134,000