Question: Assignment: 1. Cash Flow Statement Preparation Twitter Company shows a beginning cash balance of P395,000 and had the following transactions: a. The company issued shares

 Assignment: 1. Cash Flow Statement Preparation Twitter Company shows a beginning

Assignment: 1. Cash Flow Statement Preparation Twitter Company shows a beginning cash balance of P395,000 and had the following transactions: a. The company issued shares of stocks worth P550,000 b. The company paid dividends of P365,000. C. Applied and received a loan from bank of the Philippine Islands worth P600,000 d. Payments for salaries P95,000; rent P60,000, suppliers P215,000; other expenses P105,000 e Total sales of P850,000 was recorded to which 55% was in cash and the balance on account. f. Interest payment of P85,000 while income tax paid was P90,000 9. Old equipment was sold for P375,000 h. New machineries were acquired at a cost of P425,000 Based on the above data, compute for cash (a) from operating (b) from investing (c) financing (d) ending cash balance

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