Compute for the total cash provided or used by the operating activities, investing and financing activities Balances of Auditor Company as of December 31, 2016 Payment to Suppliers Payment to long-term creditors Cash collection from customers Cash payments for maintenance expense Cash payment to acquire building Cash receipts from rent to clients Cash payments for salaries of employees Sale on account Purchases on account 15,000 25,000 60,000 5,000 500,000 12,000 18,000 90,000 25,000 15,000 90,000 6,000 100,000 10,000 420,000 900,000 2.900,000 1,500,000 Depreciation of machinery Additional cash investment from owner Cash payment for amounts borrowed Cash receipts from a bank loan Cash withdrawal of owners Cash received for selling properties Net income of the company Capital, January 1 Cash, January 1
Compute for the total cash provided or used by the operating activities, investing and financing activities Balances of Auditor Company as of December 31, 2016 Payment to Suppliers Payment to long-term creditors Cash collection from customers Cash payments for maintenance expense Cash payment to acquire building Cash receipts from rent to clients Cash payments for salaries of employees Sale on account Purchases on account 15,000 25,000 60,000 5,000 500,000 12,000 18,000 90,000 25,000 15,000 90,000 6,000 100,000 10,000 420,000 900,000 2.900,000 1,500,000 Depreciation of machinery Additional cash investment from owner Cash payment for amounts borrowed Cash receipts from a bank loan Cash withdrawal of owners Cash received for selling properties Net income of the company Capital, January 1 Cash, January 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Compute for the total cash provided or used by the operating activities, investing and
financing activities
Balances of Auditor Company as of December 31, 2016
Payment to Suppliers
Payment to long-term creditors
15,000
25,000
60,000
5,000
Cash collection from custamers
Cash payments for maintenance expense
Cash payment to acquire building
Cash receipts from rent to clients
Cash payments for salaries of employees
500,000
12,000
18,000
Sale on account
90,000
25,000
15,000
Purchases on account
Depreciation of machinery
Additional cash investment from owner
90,000
6,000
100,000
Cash payment for amounts borrowed
Cash receipts from a bank loan
Cash withdrawal of owners
Cash received for selling properties
Net income of the company
Capital, January 1
Cash, January 1
10,000
420,000
900,000
2,900,000
1,500,000
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