Name:__________________________________ Date:_____________

Grade Level & Section:____________________

The following data are taken from the records of Juan to Go Sales. Write the cash flow activity
for each of the following transactions

Transactions
Additional investment or Mr. Juan, ₱ 200,00 Purchased office supplies, ₱ 2,000
Purchased transportation equipment, ₱ 120,000 Paid utilities for the month, ₱ 8,000
Paid loan to Philippine Bank, ₱ 30,000 Paid employees salaries, ₱ 65,000
Cash sales, ₱ 50,000 Paid rent for the month, ₱ 23,000
Paid insurance for the year, ₱ 20,000
Cash withdrawal of Mr. Juan, ₱ 15,000

Operating Activities

Investing Activities

Financing Activities
Ren Ren Mercahndising started business last October . The following are its transactions.
Classify each transaction as an operating, investing or financing activity.

Transaction
Additional Investment in the business, ₱ 22,200
Cash withdrawal of owner, ₱ 30,000
Proceeds of sale equipment, ₱ 15,000
Collection of dividends, ₱ 12,000
Collection of interest, ₱ 9,000
Payment of interest, ₱ 6,000
Collection from costumers, ₱ 315,800
Collection of rent, ₱ 30,000
Proceeds of bank loan, ₱ 200,00
Purchase of furniture, ₱ 31,000
Proceeds from sale of furniture, ₱ 8,000
Payment of bank loan, ₱ 150,000
Payment of operating expenses, ₱ 145,000

Operating Activities

Investing Activities
Financing Activities

Based on the classification of activities above, the following is the statement of cash flow for
Ren Ren Merchandising for the year ended December 31, 2016.
The following data are taken from the records of Elly Trading services for the year 2018.

Cash Received
From Costumers ₱ 980,000
Collection of Accounts ₱ 90,000
Proceeds of financing loans ₱ 420,000
Proceeds from sale of furniture ₱ 55,000
Dividends on stock ₱ 23,000
Commission income ₱ 11,000
Additional investment ₱ 88,000
Rent Income ₱ 99,000
Gain on sale of furniture is ₱ 5,000

Cash Paid
Purchase of land ₱ 700,000
Interest on loan ₱ 45,000
Partial payment of financing loan ₱ 180,000
Operating expenses ₱ 310,000
Taxes and licenses ₱ 3,750

Cash balance beginning is ₱ 98,000

Required: Prepare a statement of cash flows then determine the following:
1. Classify each of the following transactions as an operating, investing, financing
activities
2. Net cash flow from operating activities
3. Net cash flow from investing activities
4. Net cash flow from financing activities
5. Net increase/decrease in cash
6. Cash balance on December 31, 2018
Operating Activities Investing Activities

Financing Activities
Mr. Carlo established a consultancy firm. The following data are taken from the records of Mr.
Carlo consultancy services from the year 2017.

Consultancy fees receivable from clients ₱ 500,000

Cash receipt from clients 600,000
Depreciation expense 40,000
Proceeds of Metrobank loan 350,000
Cash purchase of van 800,000
Provision for the bad debts 28,000
Additional investment of Mr. Carlo 900,000
Dividends income received 23,000
Rent income received 32,000
Payment of operating expenses 975,000
Principal long term loan paid 600,000
Asset withdrawal of owner 125,000
Proceeds from sale of lands 950,000

Cash Balance on January 1, 2017 is ₱ 308,000.

Required: Prepare a statement of cash flows then determine the following:
1. Classify each of the following transactions as an operating, investing, financing
activities
2. Net cash flow from operating activities
3. Net cash flow from investing activities
4. Net cash flow from financing activities
5. Net increase/decrease in cash
6. Cash balance on December 31, 2017

Operating Activities Investing Activities

Financing Activities
The following data are taken from the records of Atty. Baterna for the year 2017.

Legal fees received from clients ₱ 408,000

Depreciation expense 70,000
Proceeds to bank loan 504,000
Cash purchase on land 1,100,000
Provision for bad debts 18,000
Additional investment of Atty. Baterna 300,000
Partial payment of bank loan 200,000
Commission income receivable 23,000
Research income received 32,000
Taxes and licenses payable 7,240
Operating expenses 360,000
Collection of accounts 600,000
Interest of bank loan paid 94,000
Proceeds from sale of equipment 860,000

Cash balance on January 1, 2017 is ₱ 200,000.

Required: Prepare a statement of cash flows then determine the following:
1. Classify each of the following transactions as an operating, investing, financing
activities
2. Net cash flow from operating activities
3. Net cash flow from investing activities
4. Net cash flow from financing activities
5. Net increase/decrease in cash
6. Cash balance on December 31, 2017

Operating Activities Investing Activities

Financing Activities
The following data are taken from the records of Mendez Corporation for the year 2017.

Collection of accounts ₱ 990,000

Cash collectible from patients 2,600,000
Depreciation expense 30,000
Cash Purchase of equipment 110,000
Provision for bad debts 8,400
Dividends of stock investment received 14,000
Royalty income received 9,000
Rent income received 32,000
Operating expenses 180,000
Principal of bank loan paid 600,000
Interest on bank loan paid 24,000
Proceeds from sale of furniture 60,800

Cash balance on January 1, 2017 is ₱ 188,000.

Required: Prepare a statement of cash flows then determine the following:
1. Classify each of the following transactions as an operating, investing, financing
activities
2. Net cash flow from operating activities
3. Net cash flow from investing activities
4. Net cash flow from financing activities
5. Net increase/decrease in cash
6. Cash balance on December 31, 2017

Operating Activities Investing Activities

Financing Activities