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    MMCDJK Palitaw Business

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    Mich Elbir
    The income statement for MMCDJK Palitaw Business for October 13, 2018 shows sales of 200, cost of goods sold of 100, and a gross profit and net income of 100. The statement of cash flows shows the business had net income of 100 for the period, no change in inventory, and a net increase in cash of 100, leaving cash at the end of the period of 100.

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    MMCDJK Palitaw Business

    Uploaded by

    Mich Elbir
    62 views2 pages
    The income statement for MMCDJK Palitaw Business for October 13, 2018 shows sales of 200, cost of goods sold of 100, and a gross profit and net income of 100. The statement of cash flows shows the business had net income of 100 for the period, no change in inventory, and a net increase in cash of 100, leaving cash at the end of the period of 100.

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    MMCDJK PALITAW BUSINESS

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    The income statement for MMCDJK Palitaw Business for October 13, 2018 shows sales of 200, cost of goods sold of 100, and a gross profit and net income of 100. The statement of cash flows shows the business had net income of 100 for the period, no change in inventory, and a net increase in cash of 100, leaving cash at the end of the period of 100.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    62 views2 pages

    MMCDJK Palitaw Business

    Uploaded by

    Mich Elbir
    The income statement for MMCDJK Palitaw Business for October 13, 2018 shows sales of 200, cost of goods sold of 100, and a gross profit and net income of 100. The statement of cash flows shows the business had net income of 100 for the period, no change in inventory, and a net increase in cash of 100, leaving cash at the end of the period of 100.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    MMCDJK PALITAW BUSINESS

    Income Statement
    As of October 13, 2018

    Sales 200
    Less: Cost of Goods Sold 100
    Gross Profit 100

    Operating expenses
    General Administrative and Selling Expenses 0

    Net Income 100


    MMCDJK PALITAW BUSINESS
    Statement of Cash Flows
    For the month October 13, 2018
    Operating Activities
    Net income P 100
    Increase in Inventory
    Cash provided (used) in operating activities P 100

    Investing Activities 0
    Financing Activities 0
    Net increase in cash P 100
    Cash at the beginning of the month 0

    Net Cash P 100

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