Question
Have a Statement of cash flow. JUANA'S SARI-SARI STORE, DECEMBER 31, 2016 Sale of goods - P150,000.00 Purchase of goods - 100,000.00 Paid Utilities -
Have a Statement of cash flow.
JUANA'S SARI-SARI STORE, DECEMBER 31, 2016
Sale of goods - P150,000.00
Purchase of goods - 100,000.00
Paid Utilities - 30,000.00
Paid Rent - 10,000.00
Sold Equipment - P100,000.00
Withdrawals by owner - P10,000.00
Cash, January 1, 2016 - 50,000.00
Identify which of the following transactions fall under operating, investing and financing activities or non-cash:
_______1. Cash received from customers
_______2. Cash paid to suppliers
_______3. Cash paid to employees
_______4. Cash paid to purchase equipment (company does not sell equipment)
_______5. Cash received from sale of furniture (company's main line of business is not related to furniture)
_______6. Depreciation expense
_______7. Sale of goods on credit
_______8. Purchase of goods on credit
_______9. Cash received from getting a loan from a bank
______10. Cash paid to owners
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