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ist month A L E Raw materials: Trade payables=15000 Capital=200000 Type A=20000 Short-term credit=91666,67 LOSSE(15000) Type B = 35000 Trade receivables = 25000 Production equipment-40000
ist month A L E Raw materials: Trade payables=15000 Capital=200000 Type A=20000 Short-term credit=91666,67 LOSSE(15000) Type B = 35000 Trade receivables = 25000 Production equipment-40000 Office equipment =15000 Cash in bank=156666,67 2nd month Noyce company obtained raw materials of the following types: A type=40000, B type=25000. The customers paid back their debt in the amount of 25000, so the Noxo returned the suppliers the rest of debt in the amount of 15000. The company's expenses are following: production rent=2000, admin rent=1000, admin salaries=15000, production salaries=10000, utilities: admin=300, production = 500. Depreciation of production equipment is 300 per month, office equipment 200 per month. During the month company used in the production 50000 of A and 40000 of B materials. The readymade production C was obtained Company incurred packaging expenses for in the amount of 1000. The C was transported to the sales area. During the month company sold 70% of C goods with 60% surcharge. At the end of the month company paid 4% taxes from sales, main part of credit in the amount of 8333,33 and interest charge of 1000, Prepare Cash flow statement using Indirect method
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