The following Balance Sheets of financial positions for the year ended 31st December 2021 and 2022 have been prepared for Boris Limited: Financial Accounting Assignment, UOL, UK

University University of London (UOL)
Subject Financial Accounting Assignment

Question 2
The following Balance Sheets of financial positions for the year ended 31st
December 2021 and 2022 have been prepared for Boris Limited.The following Balance Sheets of financial positions for the year ended 31st December 2021 and 2022 have been prepared for Boris Limited.

Additional information:
There were no purchases or sales of plant and machinery during the year.

Required
1. Mr Boris has asked you to prepare Boris Limited’s statement of cash flows for the year ended 31st December 2022. (18 Marks)
2. Write a short memo to Mr Boris explaining the findings of your statement of
cash flow.

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Answer
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