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Requirement: Answer the following questions using the given information in the box. 1. How much is the net cash flow generated/used from operating activities? 2.
Requirement: Answer the following questions using the given information in the box. 1. How much is the net cash flow generated/used from operating activities? 2. How much is the net cash flow generated /used from investing activities? 3. How much is the net cash flow generated /used from financing activities? 4. How much is the net change in cash for the period? Purchase of goods 150,000 Sold service vehicle 45,000 Cash payment for treasury stocks 15,000 Sales of goods 350,000 Paid employees 55,000 Paid rent 10,000 Purchase trade name 12,000 Paid income tax 8,000 Cash receipts from issuing equity and debt securities 55,0001. Deposit in transit are deposits made and recognized both in the bank and book records. 2. Outstanding checks are checks recorded by the book bot not yet recorded in the bank. 3. Note collected by the bank on behalf of the company is considered as debit memo. 4. Deposit recognized by the book and not yet recorded by the bank is deposit in transit. 5. Errors committed by the book should be recorded in the records of both the bank and company books of account
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