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Prepare the operating section of XYZ Statement of Cash Flows

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Question - The cash account of XYZ Company has a beginning balance of P129,937.50. Its year-end balance stands at 254,925.00. The table below show the summarized transactions from the cash account of ZYZ Company.

Cash received from customers P725,175

Payments to suppliers 300,547.50

Payments for other operating expenses 58,850

Salaries paid 19,992.50

Purchase of equipment 253,000

Sale of delivery equipment (motorcycle) 6,875

Proceeds from sale of computer equipment 42,762.50

Withdrawals of owners 229,350

Proceeds from bank loan 82,500

Contributions of owners 137,500

Interest paid 8,085

Required - In a short typewriting for modular and Google sheet for online class

1. Prepare the operating section of XYZ's Statement of Cash Flows.

2. Prepare the investing section of XYZ's Statement of Cash Flows.

3. Prepare the financing section of XYZ's Statement of Cash Flows.

4. Prepare the Statement of Cash Flows of XYZ Company dated December 31, 2018.

Reference no: EM132745312

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