Homework Answers
Answer-
| 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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