Tollowing statement of cash flows then determine the following: a. Net cash flow from operating activities b. Net cash flow from investing activities c. Net cash flow from financing activities d. Net increase/decrease in cash e. Cash balance on December 31, 2021 Cash balance on January 1, 2020 is P 308, 000 Provision for bad debts 28, 000 Proceeds from sale of land 950,000 Receivable from customers 500, 000 Cash purchase of service vehicle 800, 000 Additional investment of owner 900, 000 Rent income received 32, 000 600, 000 600, 000 Principal long-term loan paid Cash receipt from customers Depreciation expense 40, 000 Payment of operating expenses 975, 000 Proceeds of BDO loan 350, 000 Dividends income received 23, 000 Asset withdrawal of owner 125, 000
Tollowing statement of cash flows then determine the following: a. Net cash flow from operating activities b. Net cash flow from investing activities c. Net cash flow from financing activities d. Net increase/decrease in cash e. Cash balance on December 31, 2021 Cash balance on January 1, 2020 is P 308, 000 Provision for bad debts 28, 000 Proceeds from sale of land 950,000 Receivable from customers 500, 000 Cash purchase of service vehicle 800, 000 Additional investment of owner 900, 000 Rent income received 32, 000 600, 000 600, 000 Principal long-term loan paid Cash receipt from customers Depreciation expense 40, 000 Payment of operating expenses 975, 000 Proceeds of BDO loan 350, 000 Dividends income received 23, 000 Asset withdrawal of owner 125, 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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