Material for week one Traintrack simple cash flow statement Year 1 Cash Inflows Share capital Bank

Loan From Debtors/receivables Sub Total Cash Outflows Bank Interest Premises Rent equipment Car To Creditors/ Payables Labour Adminsitration Sub Total Net Cash Flow over year add opening balance closing balance

Traintrack Simple Income S Sales - all on account less expense

50000 50000 135000 235000

5000 15000 25000 20000 45000 50000 22000 182000 53000 0 53000

Material Labour Costs Rent Depreciation: Equipment Car Administration Sub Total of Expense Operating Profit Bank Loan Interest Net Profit Tax Payable Shareholders' Earnings Dividends Payable To Reinvested Profits

one month in arrears means amount payable in the next month on account means on credit

in income statement the ta are paid in year 2 even the

Traintrack Limited - Simple Balance Sheet at end of year 1 Shareholder Funds Capital Reinvested Profits Long Term Liability Bank Loan Current Liabilities Creditors for stock creditors for admin tax payable dividends payable

Dividend is all after the tax income statement is also kn

50000 4000

50000

5000 2000 1000 1000 113000

Fixed Assets Eqipment Car Current Assets Stock

20000 15000

10000

Debtors Cash

15000 53000 113000

aintrack Simple Income Statement - Year 1 150000

les - all on account

bour Costs

40000 50000 15000 5000 5000 24000 139000 11000 5000 6000 1000 5000 1000 4000

epreciation:

ministration b Total of Expense

perating Profit nk Loan Interest

areholders' Earnings vidends Payable Reinvested Profits

income statement the tax and profit of year 1 e paid in year 2 even then it is supposed to deducted in year 1

vidend is all after the tax come statement is also known as profit and loss statement

IAN SMART QUESTION 3 Cash Flow Statement Cash Inflows Share capital Sub Total Cash Outflows Premises Rent supplies+ blend To Creditors/ Payables Sub Total Net Cash Flow over year add opening balance

WRONG 20000

2000 4000 8000 14000 6000 0

WRONG

Balance Sheet Shareholder Funds Capital Reinvested Profits Long Term Liability Bank Loan Current Liabilities Creditors for stock creditors for admin tax payable dividends payable

Balance Sheet Shareholder Funds Capital Reinvested Long Term Liability Bank Loan Current Liabilities Creditors for stock advert sign

20000

8000

Fixed Assets Equipment Rent Current Assets Supplies Exotic Blend Cash

12000 2000

Fixed asset Sign Equipment

3000 1000 10000

Current Assets Supplies Exotic Blend rent cash

Train track Year 2 Cash Flow Statement Cash Inflows Share capital Bank Loan Ordinary Share Capital Preference Shares From Debtors/receivables Sub Total Cash Outflows Components Premises Rent bank interest Car Preference Dividend Labour Adminsitration Sub Total Net Cash Flow over year add opening balance closing balance

20000 100000 275000 395000

Traintrack Limited - Simple Preference Share Ordinary Shares Capital Reinvested Profits Long Term Liability Bank Loan Current Liabilities Creditors for stock creditors for admin tax payable dividends payable

70000 30000 5000 30000 4500 60000 44000 238500 156500 53000 204500 2

Fixed Assets last year car etc Car Current Assets Stock Debtors Cash

Traintrack Simple Income Statement - Year 1 Sales - all on account less expense Material Labour Costs Rent Depreciation: Equipment Car Administration Sub Total of Expense Operating Profit Bank Loan Interest Net Profit Tax Payable Shareholders' Earnings Dividends Payable To Reinvested Profits 300000

60000 60000 30000

5000 48000 203000 97000 5000 92000 12000 80000 6500 73500

alance Sheet

areholder Funds 20000 5000

ng Term Liability

rrent Liabilities editors for stock

2000 1000 600 27000 600 11800

rrent Assets 1100 500 6300 7900

aintrack Limited - Simple Balance Sheet at end of year 2 eference Share 100000 e dinary Shares 20000 b 50000 a invested Profits 73500 c-

ng Term Liability 50000 d

rrent Liabilities editors for stock editors for admin

vidends payable

15000 6000 12000 6500 333000

f g h i-

st year car etc

25000 25000

rrent Assets 30000 40000 209500 329500