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QUESTION 4 : STATEMENT OF CASH FLOwsUse the information below to compile the following reports for Joshua Door Fumiture for the year ended 3 1

QUESTION 4: STATEMENT OF CASH FLOwsUse the information below to compile the following reports for Joshua Door Fumiture for the year ended31 December 2022:1) Calculation of cash received from customers.2) Calculation of cash paid to suppliers and employees.3) Reconciliation of net profit before taxation to cash generated from operations.4) Statement of cash flows.|Property, plant and equipmentOther financial assetsInventoryTrade and other receivablesCash and cash equivalentsCapitalLong-term borrowings|Trade and other payablesBank overdraftAdditional notes:Summarised Statement of Financial Position at 31 December 2022RevenueLess: Cost of salesRent incomeInterest incomeLess: DepreciationThe owner of the business made no drawings during the year.Administration costLoss on sale of fixed assetsJoshua Door FurnitureInterest on fixed expenseWagesSalaries3Net profit for the year4Joshua Door Furniture57102022987800Note120000182400Equipment with a cost price of R100000 and carrying value of R60000 was sold during theyear.1886502051350100000Summarised Statement of Profit or Loss for the year ending 31 December 2022227500100000Rand(327000)(79850)(10000)2021(28000)(68100)1028000(55000)10000054000587004600001374700150000176000Rand888000(333000)27800168003165050TOTAL [15C
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