FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Account Name: CASH
Account No.: 1000
DEBIT
CREDIT
P120,000.00
1,000.00
January 1, 2019
1/15 sales
2/18 collection of receivables
3/28 sales
5/20 collection of receivables
6/17 sales
7/17 contribution from owner
2/2 payment to suppliers
3/16 utility bills
4/15 salaries of employees
6/1 acquisition of computers
7/1 rent payments
8/3 payment to suppliers
12/31 loan payment
12/31 interest payment
12/31 owner's drawing
22,000.00
7,890.00
30,000.00
1,850.00
35,000.00
35,000.00
66,000.00
5,980.00
80,000.00
200,000.00
30,000.00
15,750.00
9/1 proceed from bank borrowing
10/15 collection of receivables
11/21 collection of receivables
total debits
18,780.00
15,000.00
7,500.00
19,000.00
507,830.00
5,000.00
total credits 207,920.00
December 31, 2019
Determine the following:
a. cash flow from operating activities
b. cash flow from investing activities
c. cash flow from financing activities
P299,910.00
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Transcribed Image Text:Account Name: CASH Account No.: 1000 DEBIT CREDIT P120,000.00 1,000.00 January 1, 2019 1/15 sales 2/18 collection of receivables 3/28 sales 5/20 collection of receivables 6/17 sales 7/17 contribution from owner 2/2 payment to suppliers 3/16 utility bills 4/15 salaries of employees 6/1 acquisition of computers 7/1 rent payments 8/3 payment to suppliers 12/31 loan payment 12/31 interest payment 12/31 owner's drawing 22,000.00 7,890.00 30,000.00 1,850.00 35,000.00 35,000.00 66,000.00 5,980.00 80,000.00 200,000.00 30,000.00 15,750.00 9/1 proceed from bank borrowing 10/15 collection of receivables 11/21 collection of receivables total debits 18,780.00 15,000.00 7,500.00 19,000.00 507,830.00 5,000.00 total credits 207,920.00 December 31, 2019 Determine the following: a. cash flow from operating activities b. cash flow from investing activities c. cash flow from financing activities P299,910.00
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