XYZ Company

Statement of Cash Flows

Operating Activities:
Cash received from customer P 725,175.00
Payment to suppliers (300,547.50)
Payments for other operating expenses (58,850.00)
Salaries paid (19,992.50)
Interest Paid (8,085.00)
Net Cash provided Operating Activities: P 337,700.00

Investing Activities:
Sale of delivery equipment P 6,875.00
Purchase of Equipment (253,000.00)
Proceeds from sale of computer equipment 42,762.50
Net Cash provided Investing Activities: P (203,362.50)

Financing Activities:
Proceeds from Bank Loan P 82,500.00
Contributions of owners 137,500.00
Withdrawals of owners (229,350.00)
Net Cash provided Financing Activities: P (9,350.00)
Net Increase in Cash balance: 124,987.50
Cash Balance, Beginning 129,937.50
Cash balance, ending P 254,925.00

*Ayan na buong 1-4*

Problem 2:
Accounts Receivable, beginning P 156,750.00
Add: Sales 818,125.00
Less: Accounts Receivable, end 249,700.00
Cash received from customers P 725,175.00
Yes, it reconciled to the recorded cash received from the customers.

Problem 3:
Cost of Goods Sold P 273,515.00
Inventory, end 335,225.00
Inventory, beginning (282,287.50)
Purchases P 326,452.50
Add:
Accounts Payable, beginning P 132,770.00
Accounts Payable, end 158,675.00 (25,905)
Total Cash Paid to Suppliers P 300,547.50
Yes, it reconciled to the recorded cash paid to suppliers.