Calculate the cash inflow/outflow during the year ended 31.12.2011. Income/expense for the year ended 31.12.2011 Sales Purchases
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Calculate the cash inflow/outflow during the year ended 31.12.2011.
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Income/expense for the year ended 31.12.2011 Sales Purchases Rent Salaries £'000 1,680 1,246 60 246 As at 1.1.2011 Trade receivables Trade payables Prepaid rent Accrued salary £'000 245 264 15 32 As at 31.12.2011 Trade receivables Trade payables Accrued rent Accrued salary £'000 368 296 10 46
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Note a Balancing figure in each account Trade receiv...View the full answer
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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