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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 : STATEMENT OF CASH FLOwsUse the information below to compile the following reports for Joshua Door Fumiture for the year ended December : Calculation of cash received from customers Calculation of cash paid to suppliers and employees Reconciliation of net profit before taxation to cash generated from operations Statement of cash flows.Property plant and equipmentOther financial assetsInventoryTrade and other receivablesCash and cash equivalentsCapitalLongterm borrowingsTrade and other payablesBank overdraftAdditional notes:Summarised Statement of Financial Position at December RevenueLess: 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 expenseWagesSalariesNet profit for the yearJoshua Door FurnitureNoteEquipment with a cost price of R and carrying value of R was sold during theyearSummarised Statement of Profit or Loss for the year ending December RandRandTOTAL C
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