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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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