The following information is provided by A. Budha for the year ended 30 June 2021. You...

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The following information is provided by A. Budha for the year ended 30 June 2021. You are required to: Prepare a Statement of Cash Flows for the year ended 30 June 2021. Cash sales 25,000 Credit sales 145,000 Repayment of mortgage: Principal 55,000 2,000 46,000 Interest Wages paid Other operating expenses paid Credit purchases 21,000 30,000 32,000 Payments to accounts payable Depreciation expense Receipts from accounts receivable Dividends received on share investments 5,000 165,000 550 Proceeds from sale of motor vehicle 2,000 50,000 Additional capital introduced by Budha Drawings by Budha 20,000 Purchase of motor vehicle 17,500 66,550 Net profit Cash at bank balance at 1/7/20 $37,000 The following information is provided by A. Budha for the year ended 30 June 2021. You are required to: Prepare a Statement of Cash Flows for the year ended 30 June 2021. Cash sales 25,000 Credit sales 145,000 Repayment of mortgage: Principal 55,000 2,000 46,000 Interest Wages paid Other operating expenses paid Credit purchases 21,000 30,000 32,000 Payments to accounts payable Depreciation expense Receipts from accounts receivable Dividends received on share investments 5,000 165,000 550 Proceeds from sale of motor vehicle 2,000 50,000 Additional capital introduced by Budha Drawings by Budha 20,000 Purchase of motor vehicle 17,500 66,550 Net profit Cash at bank balance at 1/7/20 $37,000

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Statement of cashflows for the year ended 30 June 2021 Operating activities Net profit 66550 Add bac... View the full answer