Using the following information for David Tours, calculate: 

1. The cash in bank as at the end of 2019 

2. The 2019 accrual accounting profit.

Transcribed Image Text:

Owing from customers as at the end of 2018 (collected in 2019) Owing from customers as at the end of 2019 (collected in 2020) Cash collected from customers during 2019 for 2019 trips Payable to suppliers as at the end of 2018 (paid in 2019) Cash paid to suppliers during 2019 for 2019 expenses Payable to suppliers as at the end of 2019 (payable in 2020) Depreciation on equipment during 2019 Cash in bank as at the end of 2018 $ 1 000 850 68 990 1 480 36 910 2 650 3 740 12 430