Question: The information below relates to SY Traders for the year ended 30 June 2020. Sales revenue Accrued wages Bank balance 1 July 2019 Cash paid

The information below relates to SY Traders for the year ended 30 June 2020.

Sales revenue Accrued wages Bank balance 1 July 2019 Cash paid to suppliers Cash receipts from customers Payments to employees and for expenses Bank loan received Property taxes paid Depreciation of equipment Interest received Cash received from sale of share market investments Cash paid to purchase computer hardware Issued shares in exchange for block of land Dividends paid Interest paid Net profit after tax 352,000 15,000 ($22,000) 192,200 294,000 25,000 6,600 20,000 45,600 20,500 55,000 40,000 100,000 29,000 30,000 76,000
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