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X Ltd has the following summary of its Cash Account: SUMMARYOF CASH ACCOUNT (31/12/17) Balance of cash(31/12/16)$50 Payment to suppliers $2000 Equity shares $300 Purchase

X Ltd has the following summary of its Cash Account:

SUMMARYOF CASH ACCOUNT (31/12/17)

Balance of cash(31/12/16)$50 Payment to suppliers $2000

Equity shares $300 Purchase of fixed assets $200

Received cash from customers$2,800 Overhead exp $200

Sale of fixed assets $100 wages $100

paid tax $250

paid dividends $50

repayment of loan $300

cash (31/12/17) $150

$3250 $3250

REQUIRED:

Prepare cash flow statement for the year ended 31/12/17.

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