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)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
The following information relates the questions 18. 19, 20, 21 and 22. (Note: The following Information
will also be needed to answer questions no. 19, 20, 21 and 22. You may want to take a picture or write it
on a paper.)
A summary of the entries in the cash ledger account of Bulacan Gardens for the month of March 2019
showed the following:
Cash from Accounts:
P400,000
250,000
100,000
600,000
Receivables
Cash Sales
Dividend Received
Cash from Issue of Shares
Payments for Accounts
Payable
Payments of Wages
Purchase of Land
Payment of Dividends
Purchase of Service Vehicle
300,000
150,000
200,000
200,000
450,000
150,000
50,000
Payment of Taxes
Payment of Interest
18. How much were the receipts from customers of Bulacan Gardens?
a. P650,000
b. P250,000
c. P1,350,000
d. P400,000
19. How much were the payments to suppliers an employees of Bulacan Gardens?
a. P 150,000
b. P 550,000
с. Р 300.000
d. P 450,000
20. How much was the cash flow from the operating activities of Bulacan Gardens?
а. Р 100,000
b. P 50,000
с. Р 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)
Transcribed Image Text:The following information relates the questions 18. 19, 20, 21 and 22. (Note: The following Information will also be needed to answer questions no. 19, 20, 21 and 22. You may want to take a picture or write it on a paper.) A summary of the entries in the cash ledger account of Bulacan Gardens for the month of March 2019 showed the following: Cash from Accounts: P400,000 250,000 100,000 600,000 Receivables Cash Sales Dividend Received Cash from Issue of Shares Payments for Accounts Payable Payments of Wages Purchase of Land Payment of Dividends Purchase of Service Vehicle 300,000 150,000 200,000 200,000 450,000 150,000 50,000 Payment of Taxes Payment of Interest 18. How much were the receipts from customers of Bulacan Gardens? a. P650,000 b. P250,000 c. P1,350,000 d. P400,000 19. How much were the payments to suppliers an employees of Bulacan Gardens? a. P 150,000 b. P 550,000 с. Р 300.000 d. P 450,000 20. How much was the cash flow from the operating activities of Bulacan Gardens? а. Р 100,000 b. P 50,000 с. Р 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)
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Cash Flow Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education