Calculate Cash Flows from Operating Activities from the following: Particulars Cash Purchases Cash Paid to Suppliers Cash Sales Cash received from Debtors Salaries and Wages paid Manufacturing Expenses Paid Income tax Paid Office & Administration Expenses Paid Selling and Distribution Expenses ($) 25,000 Rent Paid 40,000 Trading Commission Received 90,000 Income Tax Refund Received 25,000 Trading Commission Paid 5,000 Insurance proceeds from natural disaster 2,500 4,000 5,000 2,500 Particulars ($) 4,000 2,500 1,500 500 2,500

Calculate Cash Flows from Operating Activities from the following: Particulars Cash Purchases Cash Paid to Suppliers Cash Sales Cash received from Debtors Salaries and Wages paid Manufacturing Expenses Paid Income tax Paid Office & Administration Expenses Paid Selling and Distribution Expenses ($) 25,000 Rent Paid 40,000 Trading Commission Received 90,000 Income Tax Refund Received 25,000 Trading Commission Paid 5,000 Insurance proceeds from natural disaster 2,500 4,000 5,000 2,500 Particulars ($) 4,000 2,500 1,500 500 2,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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