Answer:
The purchase of new plant and equipment costing R420,000 for cash during April 2022 will be shown on the statement of financial position (also known as the balance sheet) as follows:
1. **Assets Section:**
- Under the "Non-Current Assets" or "Property, Plant, and Equipment" section, you will have an entry for the new plant and equipment with a value of R420,000.
2. **Liabilities and Equity Section:**
- There won't be any impact on the liabilities or equity section since you paid for the purchase with cash. Therefore, there will be no change in liabilities or equity related to this transaction.
3. **Cash Flow Statement:**
- This transaction will also be reflected on the cash flow statement under the "Cash Flows from Investing Activities" section as a cash outflow of R420,000, indicating that the company used cash to acquire new plant and equipment.
In summary, on the statement of financial position, the new plant and equipment will appear as a non-current asset with a value of R420,000, and there will be a corresponding decrease in cash by the same amount on the cash flow statement under investing activities.