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1. Calculation of income tax paid during 2007-2008.  Alternatively a ledger account can be prepared to calculate the amount of income tax that was paid during the year:  The Statement of Cash Flows for the year ended 31st March, 2008, can now be prepared.  I hope that you found this proposed solution helpful! If you did please share it! Also, free to ask any questions or to make your comments below. Good Luck!
5 Comments
Makellah
4/12/2019 08:08:42 pm
Could you please do more past papers and give the answers cause i am struggling and CAPE is in a few weeks.
ASR
11/28/2019 11:28:11 am
Where did you get the $34000 to add to the net income for the total
Krystal
11/28/2019 05:30:00 pm
Hi ASR,
ASR
11/28/2019 05:33:50 pm
Okay, thank you so much
Krystal
11/28/2019 05:51:04 pm
You are most welcome! Your comment will be posted after it is approved.
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AuthorThe author holds a Bsc (Hons) Degree in Applied Accounting from Oxford Brookes University, England and enjoys a successful career as an Accounting Supervisor and a private tutor. Archives
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