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0 Data Table $ $ Payment of salaries and wages Depreciation expense Payment of interest Payment of dividends Collections from
The accounting records of Lucky Dice Parts reveal the following BEE (Click the icon to view the accounting records.) Compute
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LUCKY DICE PARTS
STATEMENT OF CASH FLOWS PARTIAL (USING DIRECT METHOD)
FOR THE YEAR ENDED DECEMBER 31,2018
Particulars Amount
$
Cash flow from operating activities
Add-Receipts:-
Collections from customers 117000
Collection of dividend revenue 6500
Total cash receipts 123500
Less- Receipts
Payment of salaries & wages 30000
Payment of interest 15000
Payment of income tax 17000
Payment to suppliers 58000
Total cash payments 120000
Net cash provided by Operating activities 3500
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