Managerial Accounting (5th Edition)
Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 13, Problem 13.8SE

1.

To determine

The net cash flow from the operating activities.

2.

To determine

The net cash flow from the investing activities.

3.

To determine

The net cash flow from financing activities.

4.

To determine

The net change in cash during the year.

5.

To determine

To find: The balance of cash at the end of the year.

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Direction: Study the given data below and compute for (1) the cash generated/used in financing activities, (2) the net change in cash for the year, and (3) prepare the CFS for the year.    Learning is Fun Company has presented the following in order to aid the account in preparing CFS during the month.   Net income: P200, 000 Depreciation expense: P25, 000 Gain on sale on property and equipment: P100. 000 Decrease in trade and other receivables: P 70, 000 Purchase of property and equipment: P200, 000 Payment of loan from bank: P150, 000   Compute for the cash generated/used in financing activities. Based on the given above, compute for the net change in cash for the year.

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Managerial Accounting (5th Edition)

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