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  • Cash Flow Example

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    Lealyn Cuesta
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    The cash ledger of Krishna Trading for August 2016 shows a beginning cash balance of Rs. 0. Major cash inflows included an investment of Rs. 500,000 on August 1st, sales of Rs. 35,000 on August 17th, and a loan of Rs. 300,000 taken on August 26th. Major cash outflows included purchases of Rs. 150,000 on August 2nd, payment of salaries of Rs. 12,000 on August 30th, and purchase of office equipment for Rs. 15,000 and store equipment of Rs. 5,000. The net increase in cash as per the cash flow statement was Rs. 630,604.

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    The cash ledger of Krishna Trading for August 2016 shows a beginning cash balance of Rs. 0. Major cash inflows included an investment of Rs. 500,000 on August 1st, sales of Rs. 35,000 on August 17th, and a loan of Rs. 300,000 taken on August 26th. Major cash outflows included purchases of Rs. 150,000 on August 2nd, payment of salaries of Rs. 12,000 on August 30th, and purchase of office equipment for Rs. 15,000 and store equipment of Rs. 5,000. The net increase in cash as per the cash flow statement was Rs. 630,604.

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    14 views2 pages

    Cash Flow Example

    Uploaded by

    Lealyn Cuesta
    The cash ledger of Krishna Trading for August 2016 shows a beginning cash balance of Rs. 0. Major cash inflows included an investment of Rs. 500,000 on August 1st, sales of Rs. 35,000 on August 17th, and a loan of Rs. 300,000 taken on August 26th. Major cash outflows included purchases of Rs. 150,000 on August 2nd, payment of salaries of Rs. 12,000 on August 30th, and purchase of office equipment for Rs. 15,000 and store equipment of Rs. 5,000. The net increase in cash as per the cash flow statement was Rs. 630,604.

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    Problem 1: Presented below is the cash ledger of Krishna Trading for the month of August 2016.

    Account: 101 CASH BALANCE

    DATE ITEM POST DEBIT CREDIT DEBIT CREDIT

    Aug. 01 Investment GJ-1 P500, 000.00 P500, 000.00

    02 Purchases GJ-1 P150, 000.00 350, 000.00

    03 Freight-in GJ-1 1, 500.00 348, 500.00

    05 Purchase Ret. GJ-1 10,000.00 358, 500.00

    12 Payment GJ-1 17, 640.00 340, 860.00

    15 Office Equip. GJ-1 15, 000.00 325, 860.00

    17 Sales GJ-1 35,000.00 360, 860.00

    18 Freight-out GJ-1 500.00 360, 360.00

    19 Sales ret. GJ-1 3, 500.00 356, 860.00

    22 Collection GJ-2 14, 744.00 371, 604.00

    25 Payment GJ-2 29, 250.00 342, 354.00

    26 Loan GJ-2 300, 000.00 642, 354.00

    27 Office Supplies GJ-2 1, 500.00 640, 854.00

    28 Store Equip. GJ-2 5, 000.00 635, 854.00

    29 Office Equip. GJ-3 10, 000.00 645, 854.00

    30 Salaries GJ-3 12, 000.00 633, 854.00

    31 Various exp. GJ-3 3, 250.00 630, 604.00


    KRISHNA TRADING

    Statement of Cash Flows

    For the month ended August 31, 2016

    Cash Flow from Operating Activities:

    Cash Receipt from Operating Activities:

    Purchase returns P10, 000.00

    Sales 35, 000.00

    Collection 14, 744.00 59, 744.00

    Cash Disbursement from Operating Activities:

    Purchases 196, 890.00

    Payment for office supplies 1, 500.00

    Payment for operating expenses 15, 250.00

    Refund to customers 3, 500.00

    Freight on purchases 1, 500.00

    Freight on sales 500.00 (219, 140.00)

    Net cash used by operating activities (159, 396.00)

    Cash flow from Investing Activities:

    Cash Receipt from Investing Activities:

    Disposal of Office Equipment 10, 000.00

    Cash Disbursement from Investing Activities:

    Purchase of office equipment (15, 000.00)

    Acquisition of store equipment (5, 000.00) (20, 000.00)

    Net cash used by investing activities (10, 000.00)

    Cash flow from Financing Activities:

    Cash Receipt from Financing Activities:

    Investment 500,000.00

    Borrowings 300,000.00

    Net cash provided by financing activities 800,000.00

    Net Increase in Cash 630, 004.00

    Cash Balance, Beginning 0.00

    Cash Balance, Ending P630, 604.00

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