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The following data are taken from the records of Pagong Delivery Services for live Exercise 3 E M Cash received From customers Collection of accounts
The following data are taken from the records of Pagong Delivery Services for live Exercise 3 E M Cash received From customers Collection of accounts Proceeds of financing loan Proceeds from sale of furniture Dividends on stock Commission income Additional investment Rent income P980,000 90,000 420.000 55,000 23,000 11,000 88,000 199,000 Cash pald Purchase of land Interest on loan Partial payment of financing loan Operating expenses Taxes and licenses 700,000 45,000 180,000 310,000 3,750 Cash balance beginning is P 98.000, Gain on sale of furniture is P5,000. Required: Prepare a statement of cash flows then determine the following: 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3. Net cash flow from financing activities * Net increase/decrease in cash 5. Cash balance on December 31, 2018 THE STATEMENT OF CASHOWS
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