The following information relates the questions 18. 19, 20, 21 and 22. (Note: The following Informationwill also be needed to answer questions no. 19, 20, 21 and 22. You may want to take a picture or write iton a paper.)A summary of the entries in the cash ledger account of Bulacan Gardens for the month of March 2019showed the following:Cash from Accounts:P400,000250,000100,000600,000ReceivablesCash SalesDividend ReceivedCash from Issue of SharesPayments for AccountsPayablePayments of WagesPurchase of LandPayment of DividendsPurchase of Service Vehicle300,000150,000200,000200,000450,000150,00050,000Payment of TaxesPayment of Interest18. How much were the receipts from customers of Bulacan Gardens?a. P650,000b. P250,000c. P1,350,000d. P400,00019. How much were the payments to suppliers an employees of Bulacan Gardens?a. P 150,000b. P 550,000с. Р 300.000d. P 450,00020. How much was the cash flow from the operating activities of Bulacan Gardens?а. Р 100,000b. P 50,000с. Р 300,000d. P 200,00021. How much was the cash flow from the investing activities of Bulacan Gardens?a. P(650.000)b. P650.000c. P(200.000)d. P(450.000)

Companies often sell goods on credit as well as goods on cash. The goods which the company sells on…

P1,350 d. P400,000 19. How much were the payments to suppliers an employees of Bulacan Gardens? a. P 150,000 b. P 550,000 c. P 300.000 d. P 450,000 20. How much was the cash flow from the operating activities of Bulacan Gardens? a. P 100,000 b. P 50,000 c. P 300,000 d. P 200,000 21. How much was the cash flow from the investing activities of Bulacan Gardens? a. P(650.000) b. P650.000 c. P(200.000) d. P(450.000)

P1,350 d. P400,000 19. How much were the payments to suppliers an employees of Bulacan Gardens? a. P 150,000 b. P 550,000 c. P 300.000 d. P 450,000 20. How much was the cash flow from the operating activities of Bulacan Gardens? a. P 100,000 b. P 50,000 c. P 300,000 d. P 200,000 21. How much was the cash flow from the investing activities of Bulacan Gardens? a. P(650.000) b. P650.000 c. P(200.000) d. P(450.000)

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 2PA: On May 2 Kellie Company has decided to initiate a petty cash fund in the amount of $1,200. Prepare...

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