Name: Jazzmin N.

Garbo Date Submitted: September 25, 2021

Grade and Section: ABM 1213 – St. John Chrysostom Week No: 5

ENRICHMENT:
Prepare the statement of cash flow form Raveen Merchandising for December 31,2021

Transaction Amount Activity

Collection form customers 215,000.00 Operating
Rent Income 50,000.00 Operating
Dividends Income 15,000.00 Operating
Interest Income 7,000.00 Operating
Proceeds from sale equipment 45,000.00 Investing
For purchase of furniture 71,000.00 Investing
Proceeds of bank loan 200,000.00 Financing
Operating Expense 135,000.00 Operating
Interest Expense 26,000.00 Operating
Cash withdrawal of the owner 20,000.00 Financing
Payment of bank loan 180,000.00 Financing
Beginning cash balance 208,000.00 --
 Raveen Merchandising
Statement of Cash Flow
For the year ended December 31,2021

Cash Flows from Operating Activities

Receipts
Collection from customers P 215,000.00
Rent Income 50,000.00
Divides Income 15,000.00
Invest Income 7,000.00

Payment
Operating Expense 135,000.00
Interest Expense 26,000.00
Net Cash from Operating Activities P 126,000.00

Cash flow from Investing Activities

Receipts
Process from sale equipment 45,000.00

Payments
For purchase of furniture 71,000.00
Net cash from Investing Activities - 26,000.00
Cash flow from Financing Activities
Receipts
Proceeds of bank loan 200,000.00

Payments
Cash withdrawal of the owner 20,000.00
Payment of bank loan 180,000.00
Net Cash from financing activities
P 0
Net Cash Flow from Operating Activities P 125,000.00
Net Cash Flow from Investing Activities - 25,000.00
Net Cash Flow from Financing Activities 0
Net increase/Decrease in Cash 100,000.00
Cash Balance – January 1 280,000.00
Cash Balance – December 31 P 308,000.00