The HEYBM CORPORATION presented the following in order to aid the accountant in preparing the CFS (December 2020) • a Net income: P200,000 • b.Depreciation expense P 25,000 c Gain on sale of property and equlpment (P100,000) • d. Decrease in trade and ather receivables: P 70,000 • e. Purchase of property and equipment P200,000 • f.Payment of loan from bank P150,000 g. Ending Cash balance is 700,000.00 • h. Beginning Cash is 855,00 00 Required: Prepare a Statement of Cash Flow

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a statement of cash flow

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FABM2 Task 4
The HEYBM CORPORATION presented the following in order to ald the accountant in preparing the CFS (December 2020)
• a Net income: P200,000
• b.Depreciation expense : P 25,000
c Gain on sale of property and equlpment (P100,000)
• d. Decrease in trade and ather receivables: P 70,000
• e. Purchase of property and equipment P200,000
• 1.Payment of loan from bank P150,000
• g. Ending Cash balance is 700,000.00
• h. Beginning Cash is 855,00 00
Required: Prepare a Statement of Cash Flow
Transcribed Image Text:Maps GR News Translate We're making thing FABM2 Task 4 The HEYBM CORPORATION presented the following in order to ald the accountant in preparing the CFS (December 2020) • a Net income: P200,000 • b.Depreciation expense : P 25,000 c Gain on sale of property and equlpment (P100,000) • d. Decrease in trade and ather receivables: P 70,000 • e. Purchase of property and equipment P200,000 • 1.Payment of loan from bank P150,000 • g. Ending Cash balance is 700,000.00 • h. Beginning Cash is 855,00 00 Required: Prepare a Statement of Cash Flow
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