The following data ure talen from the records of Pageng Delivery Services for the year 2018Cash receivedPou0.000From custumersCollection of accounts90,000PIociteds of financing loanProceeds from sale of furnitureDividends on stock420,000S5.00023,00011,000BIL00099,000Commission incomeAdditional invertmentRent incomeCash paid700,00045.000180,000310.000Purchase of lattInterest on loanPartial paymentaf financing InanOperating expensesTanes and licenses3,750Cash balance beganning is P98,000Gain on sale of hurniture in P5,000,Hequired: Prepate a statement of cash flows then determine the following1. Net cash flow from operating activities2. Net cash flow from investing activities3 Net cash flow from inancing actiities4. Net increase/decrease in cash5. Cash balance on December 31, 2018

A cash flow financial statement that summarizes all cash inflows received by a company from both…

The following data are talen from the recurds of Pagong Delivery Services for the year 201 Cash received pou0.000 From customers Collection of accounts 90,000 420,000 PIocHeds of inancing loan Proceeds from sale of furniture Dividends on stock Commission income Additional investment Rent income S5.000 23,000 11,000 BIL,O00 99,000 Casih paid Purchase of latnid Interest on loan 700,000 45.000 180,000 310.000 Fartial payment of financing Inan Operating expenses Tanes and licenses 3.750 Cash balance beginning is P98.000 Gain on sale of furniture in P5,000. Hequired: Prepate a statement of cash flows then determine the followitng: 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3. Net cash flow from financing activities 4. Net increase/decrease in cash 5. Cash balance on December 31, 2018

The following data are talen from the recurds of Pagong Delivery Services for the year 201 Cash received pou0.000 From customers Collection of accounts 90,000 420,000 PIocHeds of inancing loan Proceeds from sale of furniture Dividends on stock Commission income Additional investment Rent income S5.000 23,000 11,000 BIL,O00 99,000 Casih paid Purchase of latnid Interest on loan 700,000 45.000 180,000 310.000 Fartial payment of financing Inan Operating expenses Tanes and licenses 3.750 Cash balance beginning is P98.000 Gain on sale of furniture in P5,000. Hequired: Prepate a statement of cash flows then determine the followitng: 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3. Net cash flow from financing activities 4. Net increase/decrease in cash 5. Cash balance on December 31, 2018

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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