Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float oll R900 and petty cash of R1 350 Cash and cash equivalents on 31 December 2020 comprised cast in the bank of R7 800 and petty cash of R1950. Required: Prepare Cashflow Statement for the year ended 31 December 2020 using the direct method.

Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float oll R900 and petty cash of R1 350 Cash and cash equivalents on 31 December 2020 comprised cast in the bank of R7 800 and petty cash of R1950. Required: Prepare Cashflow Statement for the year ended 31 December 2020 using the direct method.

Name: please avoid handwritten solution thanks Cash and cash equivalents on
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Description: please avoid handwritten solution thanks Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float ofR900 and petty cash of R1 350. Cash and cash equivalents on 31 December 2020 comprised cashin the bank of R7 800

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 23CE: Cash Receipts from Customers Singleton Inc. had accounts receivable of $22,150 at January 1, 2019,...

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a) prepare the updated cashbook b) prepare the bank reconciliation statement as at 31 december 2020
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