Question
35. xx Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021: Net cash used in operating
35. xx Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021:
| Net cash used in operating activities | P 3,000,000 |
| Net cash used in investing activities | 3,000,000 |
| Net cash provided by financing activities | 6,500,000 |
| Cash balance, January 1 | 9,000,000 |
How much is the balance of cash at December 31, 2021?
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
