Assignment: 1. Cash Flow Statement Preparation Twitter Company shows a beginning cash balance of P395,000 and had the following transactions: a. The company issued shares of stocks worth P550,000 b. The company paid dividends of P365,000. c. Applied and received a loan from bank of the Philippine Islands worth P600,000 d. Payments for salaries P95,000; rent P60,000; suppliers P215,000; other expenses P105,000 e. Total sales of P850,000 was recorded to which 55% was in cash and the balance on account. f. Interest payment of P85,000 while income tax paid was P90,000 g. Old equipment was sold for P375,000 h. New machineries were acquired at a cost of P425,000 Based on the above data, compute for cash (a) from operating (b) from investing (c) financing (d) ending cash balance 2. Sampagita Company is preparing its cash flow statement for 2018. The company ended 2017 with a cash balance of P135,000. During 2018, credit sales amounts to P680,00 and 75% of which are expected to be collected. There are about P125,000 cash sales. Payments for the cost services are at P430,000. The purchase of new equipment is for P300,000 and Cactus Company must make debt payments of P75,000. Cactus sells some excess land it has held for several years for a cash price of P205,000. The Company intends to sell stocks at P250,000 and pay dividends of P55,000. Prepare the company's cash flow for 2018. 3. The Gumamela Company is preparing its cash flow statement. Gumamela ended the previous you with cash of P20,000. Collections from customers are expected to total P105,000 for the year and payments for inventory are expected to be P87,000. There were also P350,000 credit sales made of which 60% were collected and cash sales amounted to P125,500, Operating expense payment is P126,000 while payment made to suppliers is P76,350. During the year, the company purchased P41,000 in new equipment, sold old equipment for P5,000 and received dividends of P4,000. The company sold some shares amounting to P75,000 and issued bonds as well worth P65,500. Dividends payments made was P22,350 while interest payment amounts to P12,875. Prepare the company cash flow statement