Question
Questions assistance needed on below: Which of the following alternatives represents the correct amount that must be disclosed as cash receipts from customers in the
Questions assistance needed on below:
Which of the following alternatives represents the correct amount that must be disclosed as cash receipts from customers in the cash generated from operations section according to direct method in the statement cash flows of Matej CC for the year ended 30 April 2021?
- A.
425 000
- B.
445 200
- C.
427 200
- D.
422 800
Assume the correct cash receipts from customers is R500 000. Which of the following alternatives represents the correct amount that must be disclosed as cash generated from operations in the cash flows from operating activities section according to indirect method in the statement of cash flows of Matej CC for the year ended 30 April 2021?
- A.
300 990
- B.
(300 990)
- C.
121 810
- D.
199 010
Which of the following alternatives represents the correct amount that must be disclosed as interest paid in the cash generated from operations section according to direct method in the statement cash flows of Matej CC for the year ended 30 April 2021?
- A.
8 900
- B.
9 800
- C.
9 000
- D.
(9 800)
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