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The following data were taken from the Statement of Cash Flows of Department ABC for the year ended December 31, 2019: Excess of income over
The following data were taken from the Statement of Cash Flows of Department ABC for the year ended December 31, 2019: Excess of income over expenses 500,000, Depreciation-Machinery and equipment P5,000, Increase in accounts payable P30,000, Increase in Due to BIR P5,000, Increase in Due from NGA P55,000, Increase in Office Supplies inventory 25,000.
What is the Net Cash Provided by Operating Activities on December 31, 2019?
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