Homework Help is Here – Start Your Trial Now!
Business
Accounting
Please make the Statement of cash flows.

Please make the Statement of cash flows.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Please make the Statement of cash flows.

2012 20,000 46,000 17,500 2011 27,500 70,000 10,000 90,000 30,000 47,500 120,000 Cash Accounts Receivable Investments, at cost Property, Plant & Equipment Accumulated depreciation Accounts Payable 65,000 22,500 37,500 Lena, Capital 88,500 Additional information: an investment was sold for $12,500 during the year. There was no disposal of property, plant and equipment during the year. the net income for the year was $30, 000, after income tax expense of P12, 000. a personal withdrawal of P23,500 was made on December 31, 2011.
Transcribed Image Text:2012 20,000 46,000 17,500 2011 27,500 70,000 10,000 90,000 30,000 47,500 120,000 Cash Accounts Receivable Investments, at cost Property, Plant & Equipment Accumulated depreciation Accounts Payable 65,000 22,500 37,500 Lena, Capital 88,500 Additional information: an investment was sold for $12,500 during the year. There was no disposal of property, plant and equipment during the year. the net income for the year was $30, 000, after income tax expense of P12, 000. a personal withdrawal of P23,500 was made on December 31, 2011.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
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
SEE MORE TEXTBOOKS