Reference no: EM133144766

Question - The information below was taken from the ledger accounts of Deception Bay Ltd.

DECEPTION BAY LTD
	2022	2021
Accounts receivable Allowance for doubtful debts Inventory Prepaid rent Accounts payable Salary payable Sales (on credit) Cost of goods sold Doubtful debts expense Rent expense Salary expense Other expenses (including $6 300 depreciation)	$93,800 8,300 59,300 2,500 36,200 2,600 251,500 125,000 7,500 5,000 46,000 19,500	$79,000 4,000 39,500 3,500 40,700 4,100

Required -

(1) Calculate the amount of cash collected from customers during 2022 by T-account.

(2) Calculate the amount of cash paid to suppliers for purchases during 2022 by T-account.

(3) Calculate the amount of cash paid to employees during 2022 by T-account.

(4) Calculate the amount of cash paid for rent during 2022 by T-account.