1. Identify which of the following transactions fall under

operating, investing and financing

activities:

a. Cash received from customers

b. Cash paid to suppliers

c. Cash paid to employees

d. Cash paid to purchase equipment (company does not sell equipment)

e. Cash received from sale of furniture (company's main line of business is not related to furniture)

f. Depreciation expense

g. Sale of goods on credit

h. Purchase of goods on credit

i. Cash received from getting a loan from a bank

j. Cash paid to owners

2. Juana's sari-sari store had the following transactions during the year:

a. Purchase of goods. Paid cash. 100,000

b. Sale of goods. Received cash. 150,000

c. Paid utilities 30,000 d. Paid rent 10,000

e. Sold equipment for cash 100,000

f. Owner withdraws investment 10,000

Compute for the net cash flow generated by/used in operating activities