Johannes 1 to 3 Exercise Strictly Confidential

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Johannes 1 to 3 Exercise

Please calculate each period independently (the periods do not build off of each other).

Period 1
Cash purchases 250
Cash sales 370
Cash expenses 40
Depreciation 55
There was no inventory at the year end.

Income statement Cash Flow - Direct

Revenue Cash from sales

Purchases Cash on purchases
Expenses Cash expenses
Depreciation

Net income - Change in cash -

Period 2
Cash purchases 280
Cash sales 300
Sales on credit 170
Cash expenses 50
Receipts from receivables 140
Depreciation 55
Again, there was no inventory at the year end.

Income statement Cash Flow - Direct

Revenue Cash from sales

Purchases Cash on purchases
Expenses Cash expenses
Depreciation

Net income - Change in cash -

Period 3
Cash purchases 150
Cash sales 320
Sales on credit 310
Purchases on credit 180
Receipts from receivables 260
Payments to payables 140
Cash expenses 70
Depreciation 55
Again, there was no inventory at the year end.

Income statement Cash Flow - Direct

Revenue Cash from sales

Purchases Cash on purchases
Expenses Cash expenses
Depreciation

Net income - Change in cash -

Cash Flow - Indirect

Net income

+ Depreciation

Change in cash -

Cash Flow - Indirect

Net income
- Increase in A/R

+ Depreciation

Change in cash -
Cash Flow - Indirect

Net income
- Increase in A/R
+ Increase in A/P
+ Depreciation

Change in cash -