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Assume the following information: 2020 2019 Assets $50 $100 Cash Liobilities Current bank loan, due on demand $50 $100 Requir

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The increase in current bank loan from $50 to $100 i.e $50 is the change in cash and cash equivalent which will be classified under the head cash flow from financing activitities. Amount ($)

Net (decrease)/ increase in cash and cash equivalents 50
Cash and cash equivalents at the beginning of the year 50
Cash and cash equivalents at the end of the year 100
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