Owner contributed 50,000 in cash to business
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Owner contributed 50,000 in cash to business
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- The transactions pertaining to Cash were taken from the books of ABC Company for the year 2021: Additional cash investment by the owner during the year ₱100,000 Cash collections from account customers 175,000 Cash paid to purchase equipment 450,000 Cash paid to employees for their salaries 30,000 Cash paid for utilities expense 25,000 Cash received from cash customers 205,000 Cash withdrawals made by the owner 75,000 Proceeds from the sale of an old furniture 40,000 Cash payments for rent Payment of other operating expenses Proceeds from bank loan 120,000 80,000 289,500 At the end of the previous year, the entity had ₱32,500 cash balance. How much is the net cash flows from operating activities?The insured has divided the insurance on its building as follows: $200,000 with insurer M and $300,000 with insurer R. The If there is a $100,000 loss, insurer M will pay: OA $40,000 OB. $60,000 C $66,666 $100,000 D.Use the information below (in millions) to determine net cash inflows (outflows) from investing activities. Cash received from: Customers $ 2,550 Interest on investments 250 Sale of land 150 Sale of Rowdy's common stock 700 Issuance of debt securities 2,500 Cash paid for: Interest on debt $ 350 Income tax 130 Debt principal reduction 2,000 Purchase of equipment 5,000 Purchase of inventory 1,500 Dividends on common stock 350 Operating expenses 600
- 5Using the following information please prepare a statement of cash flow Revenue forServices$75,000.00 Checks written to Vedors$25,000.00 Payment to employees$10,000.00 Cash, beginning of year$50,000.00 Purchase new equipment$35,000.00 Loan Repayment$17,500.00Please help me with show all calculation thanku
- What is the journal entry of the transaction: Received cash of Php 120,000 as donation.Connor Designs Company has net cash flows from operating activities of $425,000 and net cash flows used for investing activities of $65,000, of which 70% was used to purchase property, plant, and equipment. What is the free cash flow for Connor Designs? Free cash flow sCompany has the following information available net income 37500, cash provided by operation 46,500 cash says 97,500 capital expenditure 16,500 dividends paid 4500 what is free cash flow.