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Covid Ltd has provided you with the following general ledger account balances: Additional information: Covid Ltd uses the direct method for reporting cash flows from
Covid Ltd has provided you with the following general ledger account balances: Additional information: Covid Ltd uses the direct method for reporting cash flows from operating activities. The GST rate is 15%. Required: Prepare the cash flows from operating activities (CFOA) section of the Statement of Cash Flows for the year ended 31 March 2022 for Covid Ltd. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Sovid Ltd } \\ \hline Cash flows from operating activities: & \\ \hline Cash receipts from customers & Flows for the year ended 31 March 2022 \\ \hline Cash paid to suppliers & \\ \hline Net GST cash inflow/(outflow) & \\ \hline Cash generated from operations & \\ \hline & \\ \hline Check: Total cash inflow - Total cash outflow & \\ \hline \end{tabular}
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