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Aa Paragraph Emphasis Heading 1 Heading 3 Normal Strong Subtitle Title Styles ACTIVITY TITLE ACTIVITY 1-The following information is available for ABC Corporation for

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Aa Paragraph Emphasis Heading 1 Heading 3 Normal Strong Subtitle Title Styles ACTIVITY TITLE ACTIVITY 1-The following information is available for ABC Corporation for the year ended DIRECTION & December 31, 2018: Sales BD 600,000; operating expenses BD 30,000; cost of REQUIREMENT/S goods sold BD 450,000; preferred stock dividend BD 30,000. The company purchased furniture worth of BD 10,000 The company issued stock worth of BD 90,000 The company taken bank loan of BD50,000 Cash at the beginning of the year is BD20,000 Cash at the end of the year is BD240,000 Required: Prepare Cash flow Statement 2- ABC Corporation has the following inventory, purchases, and sales data for the month of February. Beginning Inventory: Feb 1 125 units @ $9 $1,125 Purchases: Feb 9 200 units @ $10 2,000 Feb 13 300 units @ $12 3,600 Feb 25 150 units @ $11 1,650 Sales: Feb 15 365 units

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