Page 149 - F1 Integrated Workbook STUDENT 2018
P. 149
Introduction to Single Entity Accounts including Statement of
Cashflows
(W1)
Cash receipts from customers
$000
Opening receivables 42
Sales revenue 444
Closing receivables (48)
–––
Cash received from customers 438
(W2)
Cash payments to suppliers
$000
Opening inventories 24
Purchases (ß) 240
Closing (42)
–––
Cost of materials used 222
Opening payables 18
Purchases (above) 240
Closing payables (30)
–––
Payments to suppliers 228
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