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The following transactions affected the Cash account of FDNACCT Co.: Collection from customers = P390,000 Proceeds from
Posted: Tue Jul 05, 2022 1:39 pm
by answerhappygod
- The Following Transactions Affected The Cash Account Of Fdnacct Co Collection From Customers P390 000 Proceeds From 1 (29.46 KiB) Viewed 5 times
The following transactions affected the Cash account of FDNACCT Co.: Collection from customers = P390,000 Proceeds from sale of furniture = P17,000 Proceeds from bank loan = P73,000 Additional investment from owner = P240,000 Purchase of equipment = P43,000 Payment of interest to bank = P2,000 Payment of operating expenses = P200,000 Withdrawal by owner = P29,000 How much is cash provided by (used in) Operating Activities? Enter as a negative number if the answer is used in Operating Activities.