Metal tech Cash Account 31.12.2020 RS RS Balance B/D 50 Payment to suppliers 2000 Equity share 300 Purchase of fixed asset 200 Receipts from customer 2800 Overhead expenses 200 Sale of fixed asset 100 Wages & Salaries 100 Tax 250 Dividend 50 Repayment of loan 300 Balance C/D 150 3250 3250 Prepare a cash flow account for metal tech ending on 31.12.2020.

Metal tech Cash Account 31.12.2020 RS RS Balance B/D 50 Payment to suppliers 2000 Equity share 300 Purchase of fixed asset 200 Receipts from customer 2800 Overhead expenses 200 Sale of fixed asset 100 Wages & Salaries 100 Tax 250 Dividend 50 Repayment of loan 300 Balance C/D 150 3250 3250 Prepare a cash flow account for metal tech ending on 31.12.2020.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 80BPSB: Ratio Analysis Consider the following information taken from Chicago Water Slides (CWSs) financial...

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11 Compute Cash Flow from Operating Activities from the following details: Particulars Trade Receivables: Debtors CA Bills Receivable CA Trade Payables: Creditors CL Bills Payable CL L Expenses Outstanding Accrued Income CAT Depreciation on Fixed Assets No + Surplus, i.e., Balance in Statement of Profit & Loss 31st March, 2023 (R) 50,000 23,000 28,000 22,000 4,500 9,000 5,000 90,000 31st March 2022 ) 60,000 25,000 32,000 35,000 3,500 8,000 4,000 80,000
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Year Cash Flow $275.000 1 $35.00 2 S65,000 36 S25.000 $13500 $185.000 9-20 $245,000 Given the following cash flows and if MARR-24%? Ans xx What is the Simple Payback Period? Ans XX What is the Discounted Payback Penod? 01 7 8.
t the osts Santiago, Inc. has the following on receipts during 2018 for sale of products: Compute the gross income using accrual basis P 400,000 P 100,000 P 500,000 From service billings to clients Advances from clients Total cash collection O 400,000 O 100,000 O 500,000 2. O 1,000,000 nt
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LiabilitiesOMRAssetsOMRShare capital400,000Land and building280,000Net profit60,000Plant and machinery700,000General reserve80,000Stock400,000Debentures840,000Debtors200,000Creditors200,000Bills receivables20,000Bills payable100,000Cash80,000Total1,680,000Total1,680,000 1>calculate total current liabilites 2>calculate total Current assets
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