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Helpppp, its okay if no explanation Cash - P800,000, Jan, 1, 2020; P xxxxxxx?7, Dec. 31, 2020; Accounts Receivable - P50,000, jan 1, 2020; P220,000,

Helpppp, its okay if no explanation

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Cash - P800,000, Jan, 1, 2020; P xxxxxxx?7, Dec. 31, 2020; Accounts Receivable - P50,000, jan 1, 2020; P220,000, Dec. 31, 2020; Inventory - P30,000, Jan. 1, 2020, P150,000, Dec. 31, 2020; Propaid Expenses - F20,000, Jan 1, 2020; P50,000, Dec. 31, 2020; Property and Equipment - P1,500,000, Jan. 1, 2020; P2,840,000, Dec. 31, 2020; Trade Payables - P200,000, Jan 1, 2020, P330,060, Dec. 31, 2020; Loans Payable - PO.00, Jan. 1, 2020; P800,090, Dec. 31, 2020; Other Long-term Payables - P30.000, Jan 1, 2020, P990,000. Dec. 31, 2020. Additional information are as follows: Net income for 2020 is P880,000 Depreciation for the year 2020 is P340,000 Movements in the Property and equipment above is due to (1} purchase of new equipment for P500,090 cash. (2] sale of an equipment with a carrying value of P120,000 fur P240,000 cash and (3] an acquisition of land valued at P950,000 in exchange of a note for the same amount which was reflected as other long-term payables, The owner withdrew P300,000 cash Borrowed P800,000 cash from the bank using a long-term loan facility Q45: How much is DALMI HAIR STUDIO'S Cash on December 31, 2020? (A ) P 760,000 B P 1,950,000 C) P 1.150,060 (D) P 740,000 um Thu to box 2 Quarterly Examination: Attempt 1 Cash - P500,080. Jan. 1. 2020; P xxxxx xx7/ , Dec. 31, 2024 Accounts Receivable - P50,000, Jan 1, 2020, P220,000, Dec. 31. 2020: Inventory - P30,000. Jar. 1. 2020; P150,060, Dec. 31, 2020 Prepaid Expenses - P20, 030, jan 1, 2020; P50,000, Dec. 31. 2020: Property and Equipment - P1,500,000. Jan. 1, 2020: P2,840,000, Dec. 31, 2020, Trade Payables - P200,100, jan 1, 2020. F330.009, Dec. 31, 2020 Loans Payable - PO DO, jan. 1, 2020: P800,600, Dec. 31, 2020; Other Long-term Payables - P30.000. Jan 1. 2020; P-190,000, Dec. 31, 2020. Additional information are as follows: Net income for 2020 is Fuko,000 Depreciation for the year 2020 & P340,000 Movements in the Proparty and equipment above is due to [1) purchase of new equipment for P500,000 cash, (2) sale of an equipment with a carrying value of P120,000 for P2:40,000 cash and (3] an acquisition of land valued at P960,000 in exchange of a note for the same amount which was reflected as other long-term payables. The owner withdrew P300,090 cash Borrowed P600,030 cash from the bank using a long-term loan facility Q4k How much is the net cash providedused In Investing activities of DALMI HAIR STUDIO? (A IP 265,0601 P 260,000 CP 1,220,600 (D) (P 1.220,0301 5 105 minutes remaining Las soved 11:15:38 AM Save and Close Submit

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