ZOE Enterprise has the following accounts as at 31^st December 2019:

	£		£
Balance 01/01/2019	10,800	Payment to Suppliers	47,500
Cash receipts from sales of goods	146,000	Loan repayment to bank	27,000
Loan received from Bank	50,000	Purchase of Equipment	20,300
Issue of shares	10,000	Payment for expenses	81,000
		Dividend paid	20,000
		Balance 31/12/2019	21,000
	216,800		216,800

Required:

1. Prepare a ZOE’s cash flow statement for the year ended 31^st December 2019 using a direct method

2. Separate the following accordingly to either “a Cash Out” or “Cash In”?

	2019	2020
Debtors	£20,000	£18,000
Creditors	£40,000	£22,000
Equipment	£25,000	£35,000