The opening Bank balance on 1st July 2018 was $30000. 1/07/2018 balance b/d 30/06/2019 30/06/2019 Cash...

    

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The opening Bank balance on 1st July 2018 was $30000. 1/07/2018 balance b/d 30/06/2019 30/06/2019 Cash at Bank Ledger accounts receivable cash sales interest received sale of equipment rent received accounts payable wages paid other expenses paid bank loan repayment equipment purchased GST paid to ATO Cash at Bank Debit 30000 39000 151000 7600 76000 34000 Credit Balance 30000 DR 69000 DR 220000 DR 227600 DR 303600 DR 337600 DR 65000 272600 DR 35000 237600 DR 15000 222600 DR 56000 166600 DR 89000 77600 DR 23000 54600 DR (D) Prepare a cash flow statement for the period ending 30th June 2019 Statement of Cash Flows for the year ended Cash flows from operating activities: Receipts from Customers Interest received GST received from Sale of Non-Current Asset Payments to Suppliers and GST Payments to Employees GST paid on Purchases of Non-Current Asset Net cash from (used in) operating activities Cash flows from investing activities: Proceeds from sale of property, plant & equipment Payment for property, plant & equipment Net cash from (used in) investing activities Cash flows from financing activities: Capital contribution Proceeds from borrowings Repayment of borrowings Drawings Net cash from (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period ...... ( ( ( ) ) ) ) ) ) The opening Bank balance on 1st July 2018 was $30000. 1/07/2018 balance b/d 30/06/2019 30/06/2019 Cash at Bank Ledger accounts receivable cash sales interest received sale of equipment rent received accounts payable wages paid other expenses paid bank loan repayment equipment purchased GST paid to ATO Cash at Bank Debit 30000 39000 151000 7600 76000 34000 Credit Balance 30000 DR 69000 DR 220000 DR 227600 DR 303600 DR 337600 DR 65000 272600 DR 35000 237600 DR 15000 222600 DR 56000 166600 DR 89000 77600 DR 23000 54600 DR (D) Prepare a cash flow statement for the period ending 30th June 2019 Statement of Cash Flows for the year ended Cash flows from operating activities: Receipts from Customers Interest received GST received from Sale of Non-Current Asset Payments to Suppliers and GST Payments to Employees GST paid on Purchases of Non-Current Asset Net cash from (used in) operating activities Cash flows from investing activities: Proceeds from sale of property, plant & equipment Payment for property, plant & equipment Net cash from (used in) investing activities Cash flows from financing activities: Capital contribution Proceeds from borrowings Repayment of borrowings Drawings Net cash from (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period ...... ( ( ( ) ) ) ) ) )

Answer rating: 100% (QA)

Statement of Cash Flow for the year Ended 30th June 2019 Cash flows from Opera... View the full answer