Payment of accounts payable 2000 Purchase of utensils 600 Cash paid for advertising Required 2300 1. Prepare CFS for the year ended December 31, 2019 The following data are taken from the records of AbyGala Events. Ms. Abogail has a beginning cack balance on January 1. 2020, of P56,908. A. Complete the table below. Identify if the transactions are for operating, investing, or financing and put (+) if it is cash inflow. or (-) if outflow. Transactions CF Activity 41- 1. Additional investment of MS. Abegail P 34.000 2. Purchase of furniture 23,000 3.Paid loan to Isla Bank 19,000 4. Cash received on events service 40,000 5.Paid rent 3,000 6. Proceeds from sale of stocks 32 500 7.Purchase office supplies 2,000 8.Paid salaries of employees 12,000 9.Cash drawings of Ms. Fab 3,000 10. Paid interest 1,000 11.Collection of from customers 55,000 Compute for net cash flow from: 1 . Operatingactivity 2. Investing activity 3. Financing activity Ending cash balance (Dec. 31,2019) Quarter 2 - Module 5: Analysis and Interpretation of Financial Statements Vertical Analysis 1. Of the 2019 total assets, how much percentage is classified as current? Noncurrent? B analysis. 2. Of the 2019 total liabilities and owner's equity, how much percentage are liability equity? Explain your analysis. Of the 2019 net sales, how much percentage is taken up by the cost of goods so analysis. Learning is a give-and-take relationship. It's your turn to discuss something about the simple explanations on the concepts below. Each question corresponds to 10 points. 1. What is a horizontal analysis? Explain. 2. What is a vertical analysis? Explain. 3. What is the importance of vertical and horizontal analysis? Explain