3. Prepare a correct Statement of Cash Flow of Coco Nut2 Enterprise from the following operations for the month ended May 31, 2019. Operating Activities: A.Purchasing of office equipment P 11,000 B.Paid accounts payable in the amount of P15,000 C.There was no net income this month and additional investments. D.Cash at the beginning of May is P 21,000. E.The cash at the end of the month must be P8,500
3. Prepare a correct Statement of Cash Flow of Coco Nut2 Enterprise from the following operations for the month ended May 31, 2019. Operating Activities: A.Purchasing of office equipment P 11,000 B.Paid accounts payable in the amount of P15,000 C.There was no net income this month and additional investments. D.Cash at the beginning of May is P 21,000. E.The cash at the end of the month must be P8,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:3. Prepare a correct Statement of Cash Flow of Coco Nut2 Enterprise from the following operations for the
month ended May 31, 2019.
Operating Activities:
A.Purchasing of office equipment P11,000
B.Paid accounts payable in the amount of P15,000
C.There was no net income this month and additional investments.
D.Cash at the beginning of May is P 21,000.
E.The cash at the end of the month must be P8,500
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