ACCOUNT Date Description 4 7 8 12 15 19 Initial Investment Purchase of Service Vehicle Payment of freight on purchase Advance payment for advertisement Payment of freight on sales Payment of salaries Borrowings from bank Payment of accounts payable Cash purchase of merchandise 110 PR GJ1 GJ1 GJ1 GJ1 GJ1 GJ1 GJ2 GJ2 GJ2 CASH 150000 0 Debit 0 0 0 0 30000 0 0 Credit 0 25000 1600 6000 1200 0 5600 5700 44000 Balance Debit 150000 125000 123400 117400 116200 110600 140600 134900 90900 Credit 0 0 0 0 0 0 0 0 ?
ACCOUNT Date Description 4 7 8 12 15 19 Initial Investment Purchase of Service Vehicle Payment of freight on purchase Advance payment for advertisement Payment of freight on sales Payment of salaries Borrowings from bank Payment of accounts payable Cash purchase of merchandise 110 PR GJ1 GJ1 GJ1 GJ1 GJ1 GJ1 GJ2 GJ2 GJ2 CASH 150000 0 Debit 0 0 0 0 30000 0 0 Credit 0 25000 1600 6000 1200 0 5600 5700 44000 Balance Debit 150000 125000 123400 117400 116200 110600 140600 134900 90900 Credit 0 0 0 0 0 0 0 0 ?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Give the statement of cashflow
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