Question: Prepare a cash flow statement for MKM Wealth for the year ending 31 st December 2020 from the following information: RM Decrease in cash 12,200
Prepare a cash flow statement for MKM Wealth for the year ending 31st December 2020 from the following information:
|
| RM |
| Decrease in cash | 12,200 |
| Loss from operation | 2,000 |
| Increase in notes payable | 104,700 |
| Decrease in account receivable | 8,800 |
| Increase in preferred stock | 5,000 |
| Dividend paid | 15,000 |
| Decrease in common stock | 25,200 |
| Increase in inventories | 60,700 |
| Increase in net capital expenditure | 60,000 |
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