Question 10CashP S00,000 | July1 Taxes & Licenses82,000200,00042,0006,0005,00030,0003,000July 1 Investment of the owner3 cash sales2 Freight on the equipment4 Rent expense7 Cash purchases9 Salaries11 Drawing12 Sales returns15 Payment of account22 Insurance30 SalariesP 1,0002,0005,00025,00021.00020,0006,00015,0004,00023,00013 loan15 Collection of accounts20 Purchase returns29 Rental received30 Cash sales31 Sale of old equipmentHow much is the net cash flow from operating activitios?D aP 30,000P 34,000P 65,000P 28,000

The cash flow statement is prepared to record the cash flow from various activities during the…

Cash P S00,000 July 1 Taxes & Licenses 82,000 200,000 42,000 6,000 5,000 30,000 3,000 July 1 lavestment of the owner 3 cash sales 13 loan P 1,000 2,000 5,000 25,000 21,000 20,000 6,000 15,000 4,000 23,000 15 Collection of accounts 20 Purchase returns 29 Rental received 2 Freight on the equipment 4 Rent expense 7 Cash purchases 9 Salaries 11 Drawing 30 Cash sales 12 Sales retarns 31 Sale of old equipment 15 Payment of account 22 Insurance 30 Salaries How much is the net cash flow from operating activities? P 30,000 P 34,000 P65.000

Cash P S00,000 July 1 Taxes & Licenses 82,000 200,000 42,000 6,000 5,000 30,000 3,000 July 1 lavestment of the owner 3 cash sales 13 loan P 1,000 2,000 5,000 25,000 21,000 20,000 6,000 15,000 4,000 23,000 15 Collection of accounts 20 Purchase returns 29 Rental received 2 Freight on the equipment 4 Rent expense 7 Cash purchases 9 Salaries 11 Drawing 30 Cash sales 12 Sales retarns 31 Sale of old equipment 15 Payment of account 22 Insurance 30 Salaries How much is the net cash flow from operating activities? P 30,000 P 34,000 P65.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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