Business homework help
Business homework help. 6,000 ordinary shares of Sh.100 per value were issued at a premium on 1 March 2001.Revenue reserves of Pivot Ltd. as at 31 December 2000 were Sh.948,000Revenue reserves of Pivot Ltd as at 31 December 2001 were Sh.1,680,000.Required:A statement of cash flow using the direct method, including a reconciliation of the profit for the year with cash from operations (15 marks)(Total: 20 marksThe criteria that must be satisfied before an item of property plant and equipmentshould be recognized as an asset are:(1) It is possible that future economic benefits associated with the asset…
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