Below are the cash transactions of Nepal Services for December 2020. Cash payment to suppliers of Goods and services |Cash Receipts from Rendering of Services Payment to Owners (6,500) 13,000 (1,300) Proceeds from Bank Loans 6,500 Proceeds from cash investment of Owners Payments for Income Taxes Payment for Interest Proceeds dividends of investments Payment for Acquisition of Patents Proceeds from Sale of Equipment Payments of Bank Loans Payment for Acquisition of Equipment Cash at the Beginning of the Year 29,900 (3,120) (3,250) 3,900 | (31,200) 3,900 1,300 26,000 260,000
Below are the cash transactions of Nepal Services for December 2020. Cash payment to suppliers of Goods and services |Cash Receipts from Rendering of Services Payment to Owners (6,500) 13,000 (1,300) Proceeds from Bank Loans 6,500 Proceeds from cash investment of Owners Payments for Income Taxes Payment for Interest Proceeds dividends of investments Payment for Acquisition of Patents Proceeds from Sale of Equipment Payments of Bank Loans Payment for Acquisition of Equipment Cash at the Beginning of the Year 29,900 (3,120) (3,250) 3,900 | (31,200) 3,900 1,300 26,000 260,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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