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Prepare balance sheet and prepare cashflow statements Cashflow Details: Cash receivedfrom customers Drawings General and administration expenses (which includes depreciation of GST collectedfrom customers GST
Prepare balance sheet and prepare cashflow statements
Cashflow Details: Cash receivedfrom customers Drawings General and administration expenses (which includes depreciation of GST collectedfrom customers GST paidto suppliers Income tax paid Loan repayment (interest already included in General Expenses) Paymentsto suppliers Purchase of motor vehicle Sale of shares in ABC Company Selling expenses (which includes depreciation of Cash balance at the start of the year Cash balance at the end of the vear Instructions (a) Prepare a classified Statement of Cashflow for Anne's Boutique, for the year ended 31 December 20XX. 685,400 45,700 43,300 7,700) 68,540 62,695 33,600 28,080 427,950 45,800 35,400 139,700 22,100) 16,500 2,875Step by Step Solution
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