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foe the relevant information below, prepare a properly classified statement of cash flows for KKs cake designs. for the year ended 30 june 2020 monies
foe the relevant information below, prepare a properly classified statement of cash flows for KKs cake designs. for the year ended 30 june 2020
monies deposited into the business by Kelly Kind - 30000
elates to 'KK's Cake Designs", Tof icate a cash outflow. $30,000 $500 Monies deposited into the business by Kelly Kind Interest paid Made a profit of $400 from the sale of equipment for $1,500 cash that originally cost $6,800 four years ago $4,000 GST paid in cash $30,000 Cash received from Bank loan $40,000 $2,400 $115,000 Kelly Kind took money out of the business for her own use Depreciation expense related to equipment for the period Cash paid to employees and suppliers Cash paid to purchase equipment Provision for doubtful debts $35,000 $600 $1,500 Repayments to Bank re. loan Cost of Goods Sold $96,000 annot comisharing our screen Stop sharing Hide econds. $2,400 $115,000 Depreciation expense related to equipment for the period Cash paid to employees and suppliers Cash paid to purchase equipment Provision ter doubtful debts $35,000 $600 Repayments to Bank re, loan $1,500 Cost of Goods Sold 596,000 Cash received from customers $350,000 nterest received $70 $1,200 Prepaid business insurance for one year, paid on 1 May 2020 Cash balance at 30 June, 2020 Cash balance at 1 July, 2019 $20,000 Browse My Computer Browse Content Collection interest paid - 500
made a profit of 400 from the swle of equipment for 1500 cash that originally cost 6800 four years ago - ?
GST paid in cash - 4000
cash received from bank loan - 30000
kelly kind took money out of the business for her own use - 40000
depreciation expense related to ewuipment for the period - 2400
cash paid to employees and suppliers - 115000
cash paid to purchase ewuipment - 35000
provision for doubtful debts - 600
repayments to bank re. loan - 1500
COGS - 96000
cash received from customers - 350000
interest received - 70
prepaid business insurance for one year paid in may 1 2020 - 1200
cash balance at 30 june 2020 - ?
cash balance at 1 July 2019 - 20000
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