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The following transactions affected the Cash account of FDNACCT Co.: Collection from customers P390,000 Proceeds from sale of furniture = P17,000 Proceeds from bank
The following transactions affected the Cash account of FDNACCT Co.: Collection from customers P390,000 Proceeds from sale of furniture = P17,000 Proceeds from bank loan = P73,000 Additional investment from owner = P240,000 Purchase of equipment = P43,000 Payment of interest to bank = P2,000 Payment of operating expenses = P200,000 Withdrawal by owner = P29,000 How much is cash provided by (used in) Operating Activities? Enter as a negative number if the answer is used in Operating Activities.
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Survey of Accounting
Authors: Carl S. Warren
7th edition
1285974360, 1285183487, 9781285974361, 978-1285183480
