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Prepare the statement of cash flows of xyz company dated dec

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Reference no: EM132708347

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

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

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

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

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

Reference no: EM132708347

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