(1) Introduction: Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities of a business i.e. operating, investing and financing. To find: Amount of cash received from sales to customer for year 2019.

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Chapter 12, Problem 25QS

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities of a business i.e. operating, investing and financing.

To find:

Amount of cash received from sales to customer for year 2019.

To determine

(2)

To find:

The net increase or decrease in cash account for year 2019.

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