Scribd Logo
Upload

Welcome to Scribd!

  • Business Finance - Act. 3 - Posadas

    Uploaded by

    Vhetty May Posadas
    6 views2 pages
    The document is an activity determining the effects of 9 transactions on current assets, current liabilities, and working capital. For each transaction, it identifies whether the item would increase, decrease, or have no change on the three areas. For example, for transaction 1 of paying short-term debt of P45,000 it would decrease cash, decrease current liabilities, and have no change on working capital.

    Original Description:

    Original Title

    BUSINESS FINANCE - ACT. 3 - POSADAS

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document is an activity determining the effects of 9 transactions on current assets, current liabilities, and working capital. For each transaction, it identifies whether the item would increase, decrease, or have no change on the three areas. For example, for transaction 1 of paying short-term debt of P45,000 it would decrease cash, decrease current liabilities, and have no change on working capital.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views2 pages

    Business Finance - Act. 3 - Posadas

    Uploaded by

    Vhetty May Posadas
    The document is an activity determining the effects of 9 transactions on current assets, current liabilities, and working capital. For each transaction, it identifies whether the item would increase, decrease, or have no change on the three areas. For example, for transaction 1 of paying short-term debt of P45,000 it would decrease cash, decrease current liabilities, and have no change on working capital.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    BUSINESS FINANCE

    ACTIVITY 3

    POSADAS, VHETTY MAY C.


    BSHM 2-A
    APRIL 10, 2022

    Activity 3: Determine the effects of the following transactions on:

    * Current Assets
    * Current Liabilities
    * Working Capital Choices are:
    Increase , Decrease, No Change

    Current Current Working


    Assets Liabilities Capital

    1. Pays short-term debt of P45,000 Decrease cash decrease No change

    2. I 2. Issues additional shares of increase No change No change


    3. capital stock for P50,000

    3. Collects P24,000 on Increase No change No change


    receivables decrease

    4. One year loan of P70,000 Increase Increase No change


    from a bank

    4. Acquires marketable Increase Increase No change


    securities on account for P32,500

    5. Declares cash dividends Decrease Decrease No change

    6. Reacquired shares of preferred Increase Increase No change


    stocks by paying cash

    7. Issues additional shares of Decrease No change No change


    capital stocks to pay off notes
    payable

    8. Sells inventories on a 30- Increase Decrease No change


    day note for P20,000

    9. Buys office supplies, on Increase Increase No change


    account for P500

    You might also like