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Preparing a statement of cash flows

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Question: Preparing a statement of cash flows

Use the information to create statement of cash flows. Presented below is information for the Hudson partnership for the year ended 31 December 2019.

Cash Balance, 31 December 2019 $ 51618

Cash paid to employees and suppliers $ 220013

Cash received from sale of land $ 38079

Cash paid as GST $ 16924

Cash received from debentures $ 25386

Cash paid to purchase truck $ 30000

Cash balance, 1 January 2019 $ 38925

Cash paid as drawings $ 53311

Cash received from customers $ 279247

Cash received as interest $ 6770

Cash paid for interest $ 4231

Cash Paid to purchase equipment $ 12310

Reference no: EM132736778

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