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WIN People has the following cash transactions recorded in Bank Account during the financial year 2020-2021 . Transaction Descriptions Amount ($) 1 Cash received from

WIN People has the following cash transactions recorded in Bank Account during the financial year 2020-2021.

Transaction Descriptions

Amount ($)

1

Cash received from Account Receivables

.

2

Cash paid to account payables

328,000

3

Interest received from money held in the bank account

1,050

4

Wages and Salaries paid

5

Insurance paid

6,000

6

Other operating expenses paid

7

Win People, cash drawings

20,000

8

New Equipment purchased

40,000

9

Borrowing money from ANZ for 5 years

..

10

Proceeds from the sales of old equipment

11

New Truck purchased

10,000

12

Cash balance as at 1st July 2020

50,000

Required:

  • Fill in the blanks in the table above your own numbers (between $10,000- $100,000) ( You might need to copy the table above and then paste into your Canvas working space)
  • Prepare a Statement of Cashflow for Win People for the year ended 30th June 2021.

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