Question
ABC Ltd has Cash at bank at the beginning of the year 01 Jan 2022 is $50,000. During the year following cash transactions were recorded.
ABC Ltd has Cash at bank at the beginning of the year 01 Jan 2022 is $50,000. During the year following cash transactions were recorded.
Cash received 100,000
Cash paid -50,000
Ordinary shares issued 1,000,000
Investment in buildings -900,000
Loan repayment -20,000
Disposal of assets 200,000
Prepare cashflow statement for the period ended 31 December 2022.
with explainaton, please
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
10th Edition
0072316373, 978-0072316377
