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Section (A): Here are the financial operations that your company carried out during the first week of April 4th On the 1st of this month,
Section (A): Here are the financial operations that your company carried out during the first week of April 4th On the 1st of this month, the company purchased goods from Al-Amir Company for a. value of $2000, and paid $100 for transportation expenses, and all amounts were paid in .cash On the 2nd of it, the company sold merchandise to Al-Ikhlas stores worth 3000 dollars at .a commercial discount of 7%. Half of the value was received in cash and the rest by check On the 3rd of it, the company bought merchandise worth $2000 from Al-Ghad Trading Company, with a commercial discount of 4% and cash of 5% if payment was made within 10 days On the 4th of it, the company purchased goods from Al-Hurriya Factory at a value of . $3,000 with a commercial discount of 5% and cash of 5% if the payment was made within a week of the date, and the company paid the amount of $2,000 in cash On the 5th of it, the company paid the amount due to Al-Ghad Company in cash On the 6th of it, the company sold goods to merchant Samir in cash, with a value of . $1,000, at a cash discount (5/10/pg. 20) Required: Recording the previous financial transactions in the journal Section (B): Classify the following items according to their occurrence in the cash flow .statement into cash flows from operating, investing or financing activities Phrase Cash payments to suppliers. -1 Cash payments to repay long-term loans.2 Cash receipts from the sale of merchandise (inventory)-3 Cash receipts from the sale of fixed assets.4 Cash receipts from issuance of shares and bonds.5 Cash receipts from the sale of investments in stocks and .6 bonds .Cash payments on operating expenses.7
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