Question
4.1, Read the following information carefully and compile a cash flow statement for three month ( from January to March 2009) [17] The transaction that
4.1, Read the following information carefully and compile a cash flow statement for three month ( from January to March 2009) [17] The transaction that pertain to complete the cash flow statementare: Cash on hand on December 31 -2008 was N$1000 The total sales were NS50000, NS60000 and N$70000 on each month respectively. From this sales 20% was sold on credit that is going to be collected on the following year. The farmer received cash from his consultant work to the neighbor farmers of NS2000 on each month He paid N$2500 monthly for water andelectricitybill, Household expenditure is NS6000 monthly Monthly labour cost was NS2000 Licks account for NS1000 on each month He receive 10% for his positive bank balance, and paid10% for bank over draft allowance
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