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QDR Company's records show the following information: January 1. 2019 December 31, 2019 Cash 70,000 130,900 Accounts Receivable 110,000 Prepaid Expenses 30.000 14) Equipment 100,000 600,000 Land (2) (5) Trade Accounts Payable 10,000 230,00 0 Accrued Expenses 131 70,000 Non-current liabilities 540,000 250.000 Additional information are as follows: Total assets and capital as of December 31, 2018 amounted to P950,000 and P150,000, respectively. As of December 31, 2018, working capital of the Company amounted to P40,000, which is P10,000 higher than the working capital as of December 31, 2019. A piece of land costing P90,000 were sold during 2019. Total revenues amounted to P250,000 while total expenses amounted to P95,000. Total withdrawals amounted to P15,000 in 2019. Prepaid expenses as of December 31, 2019 amounted to PBlank 1. Blank 1 Add your answer Troy Merchandising had cash and cash equivalents at January 1, 2019 of P400,000. The operating transactions and some financial information of Troy Merchandising for the year ended December 31, 2019 are as follows: . Received P340,000 in advance from customers Cash payments for supplier's accounts P6,300,000 . Wages Expense shown in the statement of profit or loss is P75,000. At the end of the year, the statement of financial position shows Prepaid Wages Expense of P65,000. There was a Prepaid Wages Expense of P35,000 at the beginning of the year. Accounts Receivable as of January 1, 2019 is P5, 100,000 and decreased by P650,000 at the end of the year. . Trade Accounts Payable as of January 1, 2019 is P4,800,000 . Net Sales for the year amounted to P5,350,000. The total cash used for operating activities amounted to Blank 1. Note: Do not put your answer inside the parenthesis. Blank 1 Add your