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5.1 Tune Entity has the following information in respect of its projected 31 December x4, its first year of operation Opening cash balance Credit sales
5.1 Tune Entity has the following information in respect of its projected 31 December x4, its first year of operation Opening cash balance Credit sales (year-end receivable to be RM200,000) Cash sales Non-current assets purchased (RM300,000 paid in cash and balance on Credit purchases of goods for resale (RM120,000 unpaid at year-end) Wages and salaries for the year (RM34,000 unpaid at year-end) Other expenses Loan interest Interest on bank deposits Repayment of loan Tax paid during the year Dividend paid RM 485,000 720,000 300,000 510,000 610,000 1 10,000 25,000 1 1,000 2.30) 50,000 34,000 22,000 credi t) Required From the information given, prepare the statement of cash flows
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