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Event No. Transaction 1 AMT Engineering acquired $100,000 by issue of Common Stock. 2 The owner took $ 50,000 as loan from Bank. 3 Opened

Event No. Transaction 1 AMT Engineering acquired $100,000 by issue of Common Stock. 2 The owner took $ 50,000 as loan from Bank. 3 Opened an account in Bank Muscat (Current Account). An amount of $50,000 deposited into the account. 4 Rented an office. An advance of $12,000 is paid by issue of a bank cheque 5 Purchased office furniture $5,000 on credit from Fahmy Furnitures. 6 Bought office supplies paying $5,000. 7 Bought a car from Saud Bahwan for $10,000. The amount is paid by the issue of a bank cheque 8 Paid the amount due to Fahmy Furniture in cash 9 Collected $40,000 as advance to provide future services over a one year period starting from July 1, 2020. 10 Received consulting revenue from a customer $40,000 11 Paid $30,000 as salaries to the staff. 12 Paid utilities charges $400 13 Traveling expenses paid $100 14 Received $25,000 as consulting revenue from MM Projects. 15 Paid $500 towards insurance premium. The premium is paid for one year, starting from 1ST July 2020. 16 Office upplies purchased on account $2,000 17 Bought computers for office $1,500 18 Provided consulting service on account $ 10,000 19 Interest on loan paid $750 20 Purchased land paying $100,000 21 Dividend paid $10,000 22 Received $5,000 from account receivable. Adjustment 1. Salary paid only for 10 months. 2. A physical examination of supplies revealed that supplies worth $2,000 are currently available for future use. 3. Insurance premium is paid from 1st July 2020 4. Interest due on loan $2,000 5. As of December 31, 2020, AMT Engineering had earned $20,000 of the $40,000 received in Event 9. 6. The advance rent is paid for one year starting from 1st July, 2020.

What is the Cash flow statement?

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