Hi ,can you please explain how the cash and cash equivalents in the beginning were calculated ?Thanks Task 2:Lucky House LtdTrial BalanceAs at 30 September 2020AccountDebitCreditCash at Bank5,850Capital Account15,000Machine8,100Raw Materials2,655StationeryAccounts Payable2506,545Rent950Business Insurance38Prepayments1,362Sales Income17,550Cost of Goods Sold11,345Accounts Receivable4,500DrawingsTelephone4,00045DepreciationAccumulated Depreciation135135Total39,23039,230 Cash flow statementfor the year ended 30 SeptemberParticularsAmountCash flow from operating IncomeNet earning4787Add: Depreciation135Income from operating activity4922Cash Flow from Investing ActivitiesNilCash flow from Financing ActivitiesNilNet Cash flow4922Cash and Cash equivalent in the beginning928Cash and Cash Equivalent at the End5850

Name: Hi ,can you please explain how the cash and cash equivalents in the be
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Description: Hi ,can you please explain how the cash and cash equivalents in the beginning were calculated ?Thanks Task 2:Lucky House LtdTrial BalanceAs at 30 September 2020AccountDebitCreditCash at Bank5,850Capital Account15,000Machine8,100Raw Materials2,655Stat

This question provides the closing cash and cash equivalent and we find the net cash flow from all…

Business

Accounting

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

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

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 3.5C

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Lucky House Ltd Trial Balance As at 30 September 2020 Account Debit(£) Credit(£)Cash at Bank 5,850Capital Account 15,000Machine 8,100Raw Materials 2,655Stationery 250Accounts Payable 6,545Rent 950Business Insurance 38Prepayments 1,362Sales Income 17,550Cost of Goods Sold 11,345Accounts Receivable 4,500Drawings 4,000Telephone 45Depreciation 135Accumulated Depreciation 135 Total 39,230 39,230 Prepare a statement of cash flow ?
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