Question

From the following balances you are required to calculate cash from operating activities. Name of accounts...

From the following balances you are required to calculate cash from operating activities.

Name of accounts

December31, 2015

December 31, 2016

Notes receivable

SR   7,800

SR   12,000

Notes payable

SR 22,000

SR 16,000

Accounts receivable

SR 49,000

SR 46,000

Furniture

SR 30,000

SR 38,000

Accounts payable

SR   30,000

SR 35,000

Advance Rent received

SR    9,000

SR    5,600

Prepaid expenses

SR    5,700

SR    4,200

Depreciation on Plant assets

SR 36,000

SR 45,000

Net Income during the year

        -----

SR 160,000    

Please answer via word document so that I can cope it

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