1. Prepare the statement of cash flows based on the direct method of presentation. (30 marks) (Show a negative amount preceded by a minus sign or in brackets.)

2. Prepare the T-account for the following accounts:

(a) Furniture and Fittings (6 marks) (b)Accumulated depreciation Furniture and Fittings (6 marks)

3.Required: Prepare general journal entries to record the above transactions. Include narrations for each entry.

I have attached the questions for you.