The cash flows below were extracted from the accounts of Willow Ltd shop owner. Net cash equivalent at beginning of period total £160. 3. Acquisition of subsidiary Proceeds from issue of share capital...

a) Prepare a statement of cash flows using the direct method for the year ended 31 December 2020.

The cash flows below were extracted from the accounts of Willow Ltd shop owner. Net<br>cash equivalent at beginning of period total £160.<br>3.<br>Acquisition of subsidiary<br>Proceeds from issue of share capital<br>Cash paid to suppliers and employees<br>Purchase of property, plant and equipment<br>Proceeds from long-term borrowings<br>Interest paid<br>Income taxes paid<br>Dividends received<br>Payment of finance lease liabilities<br>Proceeds from sale of equipment<br>Cash receipts from customers<br>550<br>250<br>27,600<br>350<br>250<br>270<br>900<br>200<br>90<br>20<br>30,150<br>Interest received<br>200<br>Dividends paid<br>Cash and cash equivalents at end of period (31/12/20)<br>1,200<br>270<br>

Extracted text: The cash flows below were extracted from the accounts of Willow Ltd shop owner. Net cash equivalent at beginning of period total £160. 3. Acquisition of subsidiary Proceeds from issue of share capital Cash paid to suppliers and employees Purchase of property, plant and equipment Proceeds from long-term borrowings Interest paid Income taxes paid Dividends received Payment of finance lease liabilities Proceeds from sale of equipment Cash receipts from customers 550 250 27,600 350 250 270 900 200 90 20 30,150 Interest received 200 Dividends paid Cash and cash equivalents at end of period (31/12/20) 1,200 270

Jun 09, 2022

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The cash flows below were extracted from the accounts of Willow Ltd shop owner. Net cash equivalent at beginning of period total £160. 3. Acquisition of subsidiary Proceeds from issue of share capital...

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