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ABC Ltd has Cash at bank at the beginning of the year 01 Jan 2022...

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Accounting

ABC Ltd has Cash at bank at the beginning of the year 01 Jan 2022 is $50,000. During the year following cash transactions were recorded.

Cash received 100,000

Cash paid -50,000

Ordinary shares issued 1,000,000

Investment in buildings -900,000

Loan repayment -20,000

Disposal of assets 200,000

Prepare cashflow statement for the period ended 31 December 2022.

with explainaton, please

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