Statement of Cash Flow Guidelines Using Special Journal

Cash Flow from Operating Activities (Operation)

Collection from: Source
Cash Clients Cash Receipt Journal – Total of all Cash Debit
(ex. P100,000) for Credit Sales (ex. P100,000)
Accounts Receivable Cash Receipt Journal – Total of all Cash Debit
(ex. P4,900) for Credit Accounts Receivable
(ex. P5,000)
Payment to: Source
Suppliers Cash Disbursement Journal – Total of all Cash
Credit (ex. P60,000) for Debit Purchases (ex.
P60,000) and/or Debit Other Account –
Supplies Account
Account Payables Cash Disbursement Journal – Total of all Cash
Credit (ex. P9,800) for Debit Purchases (ex.
P10,000)
*Notes Payable (if the notes payable is Cash Disbursement Journal - Total Cash Credit
for the goods/merchandise/supplies) for Debit Other Accounts – Notes Payable.
Individual Operating Expense Account Cash Disbursement Journal – Total of
individual expense account title on Other
Ex: Accounts.
Salaries Expense 1,000
Transportation In 500 Transportation In 500
Salaries Expense 1,000 Salaries Expense 2,000
Utilities Expense 900 Utilities Expense 900
Rent Expense 5,000 Rent Expense 5,000
Cash Flow from Investing Activities
Collection from: Source
Income from investment Cash Receipt Journal – Debit Cash for Credit
(Other Accounts – Income account
Payment for: Source
Purchase of Equipment Cash Disbursement Journal – Total Cash Credit
for Debit Other Accounts - Equipment
(Other Long-lived Asset) Cash Disbursement Journal – Total Cash Credit
for Debit Other Accounts – Other long-lived
asset account)
*Account Payables (if the account Cash Disbursement Journal –Cash Credit for
payable is for the purchase of long- Debit Accounts Payable (on long-lived asset)
lived asset on account)
*Notes Payable (if the notes payable is Cash Disbursement Journal - Cash Credit for
for the goods/merchandise/supplies) Debit Other Accounts – Notes Payable (on
long-lived asset).
Cash Flow from Financing Activities
Collection from: Source
Owner’s Investment Cash Receipt Journal – Cash Debit for Credit
Other Accounts – X, Capital
Loans Cash Receipt Journal – Cash Debit for Credit
Other Accounts – Notes Payable (on loans
from financing institution)
Payment for: Source
Owner’s Withdrawal Cash Disbursement Journal – Cash Credit for
Debit Other Accounts – X, Withdrawals
Interest Expense (on Notes Payable for Cash Disbursement – Cash Credit for Debit
loans) Other Accounts – Interest Expense

Prepared By: Arnel C. Himzon

Bookkeeping NC III Trainer