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    Cashflow Question 4 DIRECT METHOD CASHFLOWS PDF

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    Tadiwa Zamani
    G 40 Co had various cash inflows and outflows from operating activities during the year. Purchases from suppliers were $19,500 with $2,550 unpaid at year end and $1,000 in previous payables. Wages of $10,500 with $750 unpaid and $1,500 in previous accrual. Interest of $2,100 was paid on a long-term loan. Sales revenue was $33,400 with $900 in receivables and $400 in previous receivables. Interest income was $75.

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    Cashflow Question 4 DIRECT METHOD CASHFLOWS PDF

    Uploaded by

    Tadiwa Zamani
    12 views1 page
    G 40 Co had various cash inflows and outflows from operating activities during the year. Purchases from suppliers were $19,500 with $2,550 unpaid at year end and $1,000 in previous payables. Wages of $10,500 with $750 unpaid and $1,500 in previous accrual. Interest of $2,100 was paid on a long-term loan. Sales revenue was $33,400 with $900 in receivables and $400 in previous receivables. Interest income was $75.

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    G 40 Co had various cash inflows and outflows from operating activities during the year. Purchases from suppliers were $19,500 with $2,550 unpaid at year end and $1,000 in previous payables. Wages of $10,500 with $750 unpaid and $1,500 in previous accrual. Interest of $2,100 was paid on a long-term loan. Sales revenue was $33,400 with $900 in receivables and $400 in previous receivables. Interest income was $75.

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    12 views1 page

    Cashflow Question 4 DIRECT METHOD CASHFLOWS PDF

    Uploaded by

    Tadiwa Zamani
    G 40 Co had various cash inflows and outflows from operating activities during the year. Purchases from suppliers were $19,500 with $2,550 unpaid at year end and $1,000 in previous payables. Wages of $10,500 with $750 unpaid and $1,500 in previous accrual. Interest of $2,100 was paid on a long-term loan. Sales revenue was $33,400 with $900 in receivables and $400 in previous receivables. Interest income was $75.

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    CASHFLOWS QUESTION 4 2019

    Question 4

    G 40 Co had the following transactions during the year.

    (a) Purchases from suppliers were $19,500, of which $2,550 was unpaid at the year end.
    Brought forward payables were $1,000.
    (b) Wages and salaries amounted to $10,500, of which $750 was unpaid at the year end. The
    accounts for the previous year showed an accrual for wages and salaries of $1,500.
    (c) Interest of $2,100 on a long-term loan was paid in the year.
    (d) Sales revenue was $33,400, including $900 receivables at the year end. Brought forward
    receivables were $400.
    (e) Interest on cash deposits at the bank amounted to $75.

    Calculate the cash flow from operating activities using the direct method.

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