1. She purchased the merchandise for P 40,000 2. Sold merchandise for cash P 50,000 for the month 3. Payment to rent is P 2,500 4. Purchase of the 2nd hand laptop is P 20,000 5. Payment for utilities is P 10,000 Cash Inflows Cash Outflows Classification of Activities Transactions 1. What can you say about the Cash flow of Cora? 2. Do you think that there is really a need to borrow money from Candida amounting to P 50,000 with 5% interest per month?
1. She purchased the merchandise for P 40,000 2. Sold merchandise for cash P 50,000 for the month 3. Payment to rent is P 2,500 4. Purchase of the 2nd hand laptop is P 20,000 5. Payment for utilities is P 10,000 Cash Inflows Cash Outflows Classification of Activities Transactions 1. What can you say about the Cash flow of Cora? 2. Do you think that there is really a need to borrow money from Candida amounting to P 50,000 with 5% interest per month?
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 79TPC
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