Prepare a cash flow statement for MKM Wealth for the year ending 31st December 2020 from the following information: Decrease in cash Loss from operation Increase in notes payable Decrease in account receivable Increase in preferred stock Dividend paid Decrease in common stock Increase in inventories Increase in net capital expenditure RM 12,200 2,000 104,700 8,800 5,000 15,000 25,20 60,700 60,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QUESTION 3
Prepare a cash flow statement for MKM Wealth for the year ending 31st December 2020
from the following information:
Decrease in cash
Loss from operation
Increase in notes payable
Decrease in account receivable
Increase in preferred stock
Dividend paid
Decrease in common stock
Increase in inventories
Increase in net capital expenditure
RM
12,200
2,000
104,700
8,800
5,000
15,000
25,200
60,700
60,000
Transcribed Image Text:QUESTION 3 Prepare a cash flow statement for MKM Wealth for the year ending 31st December 2020 from the following information: Decrease in cash Loss from operation Increase in notes payable Decrease in account receivable Increase in preferred stock Dividend paid Decrease in common stock Increase in inventories Increase in net capital expenditure RM 12,200 2,000 104,700 8,800 5,000 15,000 25,200 60,700 60,000
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