Plant and equipment balance bd 9 000 cost of plant

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Plant and Equipment Balance b/d 9 000 Cost of plant sold 1 800 Purchase 3 600 Balance c/d 10 800 12 600 12 600 Purchase of property, plant and equipment = $3600 (plant) B. Reconciliation of net cash from operating activities to profit Profit for the period $6 540 Depreciation – plant and equipment 1 200 Depreciation – buildings 240 Gain on sale of land (2 400) Loss on the sale of plant 180 Changes in current assets and current liabilities: Increase in accounts receivable (900) Increase in inventory (2 400) Increase in accounts payable 600 (2 700) Net cash from operating activities $3 060

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