CashP S00,000 July 1 Taxes & Licenses82,000200,00042,0006,0005,00030,0003,000July 1 Investment of the owner3 cash sales13 loan2 Freight on the equipment4 Rent expense7 Cash purchases9 Salaries11 Drawing12 Sales returnsP 1,0002,0005,00025,00021,00020,0006,00015,0004,00023,00015 Collection of accounts20 Purchase returns29 Rental received30 Cash sales31 Sale of old equipment15 Payment of account22 Insurance30 SalariesHow much is the net casà flow from investing activities?(P 1,000)Ob(P 2.000)P 1,000P 2,000

The cash flow from investing activities includes the cash flow due to sale or purchase of non cash…

July 1 Investment of the owner 3 cash sales 13 loan 15 Collection of accounts 20 Purchase returns 29 Rental received 30 Cash sales Cash P S00,000 | July 1 Taxes & Licenses 82,000 200,000 42,000 6,000 5,000 30,000 3,000 2 Freight on the equipment 4 Rent expense 7 Cash purchases 9 Salaries 11 Drawing 12 Sales returns P 1,000 2,000 5,000 25,000 21.000 20,000 6,000 15,000 4,000 23,000 31 Sale of old equipment 15 Payment of account 22 Insurance 30 Salaries How much is the net casà flow from investing activities?

July 1 Investment of the owner 3 cash sales 13 loan 15 Collection of accounts 20 Purchase returns 29 Rental received 30 Cash sales Cash P S00,000 | July 1 Taxes & Licenses 82,000 200,000 42,000 6,000 5,000 30,000 3,000 2 Freight on the equipment 4 Rent expense 7 Cash purchases 9 Salaries 11 Drawing 12 Sales returns P 1,000 2,000 5,000 25,000 21.000 20,000 6,000 15,000 4,000 23,000 31 Sale of old equipment 15 Payment of account 22 Insurance 30 Salaries How much is the net casà flow from investing activities?

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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