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The following information is provided by A. Budha for the year ended 30 June 2021. You are required to: Prepare a Statement of Cash Flows
The following information is provided by A. Budha for the year ended 30 June 2021. You are required to: Prepare a Statement of Cash Flows for the year ended 30 June 2021. $ 25,000 145,000 Cash sales Credit sales Repayment of mortgage: Principal Interest Wages paid Other operating expenses paid Credit purchases Payments to accounts payable Depreciation expense Receipts from accounts receivable Dividends received on share investments Proceeds from sale of motor vehicle Additional capital introduced by Budha Drawings by Budha Purchase of motor vehicle Net profit Cash at bank balance at 1/7/20 55,000 2,000 46,000 21,000 30,000 32,000 5,000 165,000 550 2,000 50,000 20,000 17.500 66,550 $37,000
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