Reference no: EM132788273
My Hero Academia store had the following transactions during the year:
a. Purchase of goods. Paid cash. 100,000
b. Sale of goods. Received cash. 150,000
c. Paid utilities 30,000 d. Paid rent 10,000
e. Sold equipment for cash 100,000
f. Owner withdraws investment 10,000
Question 1: Compute for the net cash flow generated by/used in operating activities.
Question 2: Using the given above, compute for the net cash flow generated by/used in investing activities.
Question 3: Using the given above, compute for the net cash flow generated by/used in financing activities.
Question 4: Using the given above, prepare Cash Flow Statement. (Direct Approach)
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