Question: Using the following information, you will need to answer the questions below. Account 2019 2020 tt 46,700 12 39,2002 6,200 9002 le Inventory General Expenses


Using the following information, you will need to answer the questions below. Account 2019 2020 tt 46,700 12 39,2002 6,200 9002 le Inventory General Expenses Cost of Salese Advertising Expense Accounts Receivable Wages Payable Insurance Expense Depreciation Expenses Prepaid Advertising Interest Income Accounts Payable Doubtful Debts Expense Interest Expense Interest Receivable- Tax Expense Sales Income Tax Payable Interest Payable Wages Expense Prepaid Insurance 42,100 8,2002 116,2002 6,500 42,500 7,800 8,000 15,9002 1,2002 9,7002 18,700 5,2002 12,600 6002 16,900 263,800 4,6002 3,100 51,300 4002 21,4002 2002 12 12 5,2002 2,800 12 900 Required: Answer the following questions (you must show your calculations for each answer): (10 Marks) (a) Calculate the cash received from customers (b) Calculate the purchases figure (c) Calculate the cash paid for purchases (d) Calculate the cash paid for expenses (e) Calculate the cash received from interest income (f) Calculate the cash paid for interest expense (g) Calculate the cash paid for tax expense tt
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