Purchases of goods or materials

Assignment Help Accounting Basics

Reference no: EM13987594

1. Explain how the cash proceeds of a share issue are calculated from knowledge of the share capital and the share premium reserve.

2. Explain how cash received from customers is calculated if we know the sales of the period and the receivables (debtors) at the start and end of the period.

3. Explain how the purchases of goods or materials is calculated if we know the cost of goods sold and the inventory (stock) at the start and end of the period.

4. Explain how the cash paid to suppliers is calculated if we know the purchases and the payables (creditors) at the start and end of the period.

Reference no: EM13987594

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