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27.7 ppb of P! 112 Summary of Cash Accounts (March 31, 2020) Problem 4: From the following summary of Cash Account of Prince Town, prepare
27.7 ppb of P! 112 Summary of Cash Accounts (March 31, 2020) Problem 4: From the following summary of Cash Account of Prince Town, prepare Cash Flow Statement for the year ended 31st March 2020 using the Direct Method. The company does not have any cash equivalents. Balance 4/1/20191 50 Payments to suppliers 2,000 300 200 Equity Shares Receipts from customers Sale of Fixed Assets 2,800 200 100 Purchase of Fixed Assets Overhead Expenses Wages and Salaries Taxation Dividends Repayment of Loan Balance 8/31/2020 Total 250 50 300 150 3,250 Total 3,250
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