The personal training business owned by David Hella made the following cash transactions during the reporting period Ignore GST Required (a) Prepare a statement of cash flows using the direct method for the business for the period 1 purchased equipment, $13 200 2 cash received for services, $26 400...

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The personal training business owned by David Hella made the following cash transactions during the reporting period.

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The personal training business owned by David Hella made the following cash transactions during the reporting period. Ignore GST. image text in transcribed

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(a) Prepare a statement of cash flows using the direct method for the business for the period

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Accounting

ISBN: 9780730382737

11th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie

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Question Posted: Apr 27, 2024 03:01 AM

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The personal training business owned by David Hella made the following cash transactions during the reporting period.

Question:

1. purchased equipment, $13 200 2. cash received for services, $26 400 3. paid wages, $5 280 4. paid rent, $8 000 5. cash received for services, $39 600.

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Accounting

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