please do not give answer in image format Question 1The following information is provided in respect of the business of Classic Collectors for the year ended the 30th of June 2022Sales on CreditExpenses paid in cashReceipts from customersPayment to suppliersPayment to employeesRent receivedProceeds from borrowingsGST paidDepreciation on office equipmentCash paid for office equipmentProceeds from sale of propertyRepayment of loanCash contribution from ownerCash taken by owner for personal useCash balance at 1 July 2022Required:Prepare a Statement of Cash flows from the relevant information provided$220,00072,230200,54036,50085,30031,80030,0006,1008,65025,000150,000125,00010,00040,00024,810

In the given question it has been asked to prepare cash flow statement of the classic collectors for…

Answered: Required: Prepare a Statement of Cash…

Business

Accounting

Required: Prepare a Statement of Cash flows from the relevant information provided

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 1M

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