William mangumban

Nim : A021231048

Rajesh Ltd
Statement of Cash Flow-Inderect Method
For the Year Ended Desember 31, 2020

Cash Flows frome operating activities

Net Income £ 32,000
Adjustment ro reconcile net income to net cash
Provided by operating activities :
Depreciation expense £ 13,300
Increase in Inventory -£ 10,000
Increase in account receivable -£ 19,000
increase in account payable £ 14,000
Decrease in income taxes payable -£ 1,000 -£ 2,700
Net Cash provided by operating activities £ 29,300
Cash flow from Investing activities
Sale of equipment £ 9,700
Net cash provided by investing activities £ 9,700
Cash flow from financing activities
Issuanse of stock £ 4,000
payment of bond -£ 6,000
payment of cash dividend -£ 20,000
Net cash used by financing activities -£ 22,000
Net increase in cash £ 17,000
Cash at beginning of period £ 20,000
Cash at end of period £ 37,000