Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float oll R900 and petty cash of R1 350 Cash and cash equivalents on 31 December 2020 comprised cast in the bank of R7 800 and petty cash of R1950. Required: Prepare Cashflow Statement for the year ended 31 December 2020 using the direct method.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float of
R900 and petty cash of R1 350. Cash and cash equivalents on 31 December 2020 comprised cash
in the bank of R7 800 and petty cash of R1950.
Required:
Prepare Cashflow Statement for the year ended 31 December 2020 using the direct method.
Transcribed Image Text:Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float of R900 and petty cash of R1 350. Cash and cash equivalents on 31 December 2020 comprised cash in the bank of R7 800 and petty cash of R1950. Required: Prepare Cashflow Statement for the year ended 31 December 2020 using the direct method.
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