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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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.
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