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Shown below is the ledger of cash which are broken down into: 1. Investment by owner Cash-Debit (Sources) 2. Cash received from service rendered
Shown below is the ledger of cash which are broken down into: 1. Investment by owner Cash-Debit (Sources) 2. Cash received from service rendered 3. Proceeds from a bank loan Collection from customer's account 5. Proceeds from sale of an old truck Total 1. Payment of rental 2. Purchase of equipment 3. Payment of utilities 4. Withdrawal by owner 5. Payment of salaries Total Cash-Credit (Uses) P 150,000 110,000 250,000 300,000 450,000 P 1,260,000 P 30,000 520,000 41,000 25,000 105,000 P 721,000 Cash Balance - Jan. 1, 20B Required: Prepare Statement of Cash Flows for the 6-months period 30 June 20B.
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