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Find the Cash Paid for the purchase of marketable securities

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Reference no: EM132956124

Question - An analysis of Joyah Company Investment in Marketable Securities account during 2018 disclosed the following:

Debit Entries P175,000

Credit Entries P245,000

The company's come statement included a P35,000 gain on sale of marketable securities and P20,000 dividend income from marketable securities. All payments and proceeds relating to marketable securities transactions were in cash.

Required -

1. Find the Cash Paid for the purchase of marketable securities.

2. Find the Cash proceeds recerved for the sale of marketable securities.

3. Find the Cash flow from operating activities.

4. Find the Cash flow from investing activities. Use negative sign if your answer is net cash used.

Reference no: EM132956124

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