Question 5 Not yet answered Marked out of The following information has been provided for M. N's Business: Cash sales Payments to accounts payable Payment of cash expenses 1.00 Flag question Additional capital introduced Proceeds from sale of Plant Repayment of mortgage Purchase of new plant Drawings by proprietor GST paid to ATO Cash at bank 01/07/2020 Cash at bank 30/06/2021 $206,600 143,000 58,300 150,000 22,000 50,000 82,500 26,000 3,000 22,000 ? Based on the information provided within the table above, the Net Cash used by Investing Activities is: Select one: -55,000 -75,000 74,000 55,000 Question 4 Not yet answered Marked out of 1.00 Flag question The following information has been provided for M. N's Business: Cash sales Payments to accounts payable Payment of cash expenses Additional capital introduced Proceeds from sale of Plant Repayment of mortgage Purchase of new plant Drawings by proprietor GST paid to ATO Cash at bank 01/07/2020 $206,600 143,000 58,300 150,000 22,000 50,000 82,500 26,000 3,000 22,000 ? Cash at bank 30/06/2021 Based on the information provided within the table above, the Cash at bank at the end of the year 30/06/2021 is: Select one: 15,800 -3,200 22,000 O 37,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Question 5
Not yet
answered
Marked out of
The following information has been provided for M. N's Business:
Cash sales
Payments to accounts payable
Payment of cash expenses
1.00
Flag
question
Additional capital introduced
Proceeds from sale of Plant
Repayment of mortgage
Purchase of new plant
Drawings by proprietor
GST paid to ATO
Cash at bank 01/07/2020
Cash at bank 30/06/2021
$206,600
143,000
58,300
150,000
22,000
50,000
82,500
26,000
3,000
22,000
?
Based on the information provided within the table above, the Net Cash used by Investing Activities is:
Select one:
-55,000
-75,000
74,000
55,000
Transcribed Image Text:Question 5 Not yet answered Marked out of The following information has been provided for M. N's Business: Cash sales Payments to accounts payable Payment of cash expenses 1.00 Flag question Additional capital introduced Proceeds from sale of Plant Repayment of mortgage Purchase of new plant Drawings by proprietor GST paid to ATO Cash at bank 01/07/2020 Cash at bank 30/06/2021 $206,600 143,000 58,300 150,000 22,000 50,000 82,500 26,000 3,000 22,000 ? Based on the information provided within the table above, the Net Cash used by Investing Activities is: Select one: -55,000 -75,000 74,000 55,000
Question 4
Not yet
answered
Marked out of
1.00
Flag
question
The following information has been provided for M. N's Business:
Cash sales
Payments to accounts payable
Payment of cash expenses
Additional capital introduced
Proceeds from sale of Plant
Repayment of mortgage
Purchase of new plant
Drawings by proprietor
GST paid to ATO
Cash at bank 01/07/2020
$206,600
143,000
58,300
150,000
22,000
50,000
82,500
26,000
3,000
22,000
?
Cash at bank 30/06/2021
Based on the information provided within the table above, the Cash at bank at the end of the year 30/06/2021 is:
Select one:
15,800
-3,200
22,000
O 37,800
Transcribed Image Text:Question 4 Not yet answered Marked out of 1.00 Flag question The following information has been provided for M. N's Business: Cash sales Payments to accounts payable Payment of cash expenses Additional capital introduced Proceeds from sale of Plant Repayment of mortgage Purchase of new plant Drawings by proprietor GST paid to ATO Cash at bank 01/07/2020 $206,600 143,000 58,300 150,000 22,000 50,000 82,500 26,000 3,000 22,000 ? Cash at bank 30/06/2021 Based on the information provided within the table above, the Cash at bank at the end of the year 30/06/2021 is: Select one: 15,800 -3,200 22,000 O 37,800
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education