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
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The following data ure talen from the records of Pageng Delivery Services for the year 2018
Cash received
Pou0.000
From custumers
Collection of accounts
90,000
PIociteds of financing loan
Proceeds from sale of furniture
Dividends on stock
420,000
S5.000
23,000
11,000
BIL000
99,000
Commission income
Additional invertment
Rent income
Cash paid
700,000
45.000
180,000
310.000
Purchase of latt
Interest on loan
Partial paymentaf financing Inan
Operating expenses
Tanes and licenses
3,750
Cash balance beganning is P98,000
Gain on sale of hurniture in P5,000,
Hequired: Prepate a statement of cash flows then determine the following
1. Net cash flow from operating activities
2. Net cash flow from investing activities
3 Net cash flow from inancing actiities
4. Net increase/decrease in cash
5. Cash balance on December 31, 2018
Transcribed Image Text:The following data ure talen from the records of Pageng Delivery Services for the year 2018 Cash received Pou0.000 From custumers Collection of accounts 90,000 PIociteds of financing loan Proceeds from sale of furniture Dividends on stock 420,000 S5.000 23,000 11,000 BIL000 99,000 Commission income Additional invertment Rent income Cash paid 700,000 45.000 180,000 310.000 Purchase of latt Interest on loan Partial paymentaf financing Inan Operating expenses Tanes and licenses 3,750 Cash balance beganning is P98,000 Gain on sale of hurniture in P5,000, Hequired: Prepate a statement of cash flows then determine the following 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3 Net cash flow from inancing actiities 4. Net increase/decrease in cash 5. Cash balance on December 31, 2018
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