MICHEL JOY L.

DE GUZMAN
11- AYALA

FABM 2
Quarter 3 – Week 5-7
What’s More (Written Work):
PART 1: UNDERSTAND
(Claim – Evidence – Reasoning)

What I Can Do (Performance Task):

PART 2: DO
(Performance Task: GRASP Approach)

SCF (Direct Method):

Richard’s Automotive Service

Statement of Cash Flow
For the month ended, March 31, 2021

Cash Flow from Operating activities:

Receipts from cash services 60,000
Payment on water bills (1,000)
Payment on gross payroll (50,000)
Payment on Supplies used (50,000)
Payment on loan plus additional interest (53,000)
Net Cash inflow from operating activities (94,000)
Cash flows from financing activities:
Cash Investment by Richard 200,000
Availed Bank Loan 100,000
Cash withdrawal by Richard (15,000)
Net Cash inflow from financing activities 285,000
Cash flows from investing activities:
Purchased Shop Equipment (80,000)
Bought tools (30,000)
Net cash inflow from investing activities (110,000)
Net Cash Inflow 81,000