QUESTION 4 State whether the Total assets would increase, decrease, or remain unchanged if: Cash...

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QUESTION 4 State whether the Total assets would increase, decrease, or remain unchanged if: Cash removed by the owner for personal use O No change Increase O Decrease QUESTION 5 A company's Statement of financial position reports its receivables as shown below. Assuming an R499500 inflow as at 1st July 2011 and R525 400 inflow as at 30th June 2012; identify the cash inflow from sales in the year ended 30th June 2012 if its sales were R988.400 and returns inwards R18,200 O R693.100 R943.300 O R979.700

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