QUESTION 1 ABC Ltd has provided you with the following general ledger account balances: QUESTION 1 31 March 2020 S S 0 General ledger accounts: Inventory S $ Sales Cost of goods sold Doubfful debt expense Accounts receivable Allowance for doubtful debts Inventory Accounts payable GST 31 March 2021 $ S 890 380 180 7980 290 4000 52 200 450 Dr 740 260 4950 48 960 100 Cr Accounts receivable GST Net of GST GST Net of GST SGST inclusive $GST inclusive Additional information: ABC Ltd uses the direct method for reporting cash flows from operating activities. The GST rate is 15%. Required: (1) Complete the general ledger accounts provided in the answer booklet. (ii) Prepare the cash flows from operating activities (CFOA) section of the Statement of Cash Flows for the year ended 31 March 2021 for ABC Ltd. Question I continued: : Allowance for doubtful debts $ $ GST receivable payable $ $ Net of GST GST Accounts payable SGST inclusive Net of GST GST SGST inclusive (ii) The CFOA section of the Statement of Cash Flows for the year ended 31 March 2021 for ABC Ltd: Activate Window ABC Ltd Statement of Cash Flows for the year ended 31 March 2021 Cash flows from operating activities: Check