Cash flow statement for the year ended 30 September Particulars Amount Cash flow from operating Income Net earning 4787 Add: Depreciation 135 Income from operating activity 4922 Cash Flow from Investing Activities Nil Cash flow from Financing Activities Nil Net Cash flow 4922 Cash and Cash equivalent in the beginning 928 Cash and Cash Equivalent at the End 5850

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Hi ,can you please explain how the cash and cash equivalents in the beginning were calculated ?

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Task 2:
Lucky House Ltd
Trial Balance
As at 30 September 2020
Account
Debit
Credit
Cash at Bank
5,850
Capital Account
15,000
Machine
8,100
Raw Materials
2,655
Stationery
Accounts Payable
250
6,545
Rent
950
Business Insurance
38
Prepayments
1,362
Sales Income
17,550
Cost of Goods Sold
11,345
Accounts Receivable
4,500
Drawings
Telephone
4,000
45
Depreciation
Accumulated Depreciation
135
135
Total
39,230
39,230
Transcribed Image Text:Task 2: Lucky House Ltd Trial Balance As at 30 September 2020 Account Debit Credit Cash at Bank 5,850 Capital Account 15,000 Machine 8,100 Raw Materials 2,655 Stationery Accounts Payable 250 6,545 Rent 950 Business Insurance 38 Prepayments 1,362 Sales Income 17,550 Cost of Goods Sold 11,345 Accounts Receivable 4,500 Drawings Telephone 4,000 45 Depreciation Accumulated Depreciation 135 135 Total 39,230 39,230
Cash flow statement
for the year ended 30 September
Particulars
Amount
Cash flow from operating Income
Net earning
4787
Add: Depreciation
135
Income from operating activity
4922
Cash Flow from Investing Activities
Nil
Cash flow from Financing Activities
Nil
Net Cash flow
4922
Cash and Cash equivalent in the beginning
928
Cash and Cash Equivalent at the End
5850
Transcribed Image Text:Cash flow statement for the year ended 30 September Particulars Amount Cash flow from operating Income Net earning 4787 Add: Depreciation 135 Income from operating activity 4922 Cash Flow from Investing Activities Nil Cash flow from Financing Activities Nil Net Cash flow 4922 Cash and Cash equivalent in the beginning 928 Cash and Cash Equivalent at the End 5850
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