ACTIVITY 2. The Cash Account of XYZ Company has a beginning balance Of Php 129,937.50. Its year end balance stands at Php 254,925.00 The table below show the summarized transactions from the cash account of XYZ Company. Required: 1.Prepare the operating section of XYZ's Statement of Cash Flows. 2. Prepare the investing section of XYZ's Statement of Cash Flows 3. Prepare the financing section of XYZ's Statement of Cash Flows 4. Is XYZ's Statement of Cash Flows reconciled with the balance of the cash account as of the end of the year. Show your computation.
Extracted text: Purchase Equipment Sale of delivery equipment(motorcycle) Proceeds from sale of computer equipment 253,000.00 6,875.00 42,762.50 Withdrawals of owners 229,350.00 Proceeds from bank loan 82,500.00 Contributions of owners 137,500.00 8,085.00 Interest paid Required: 1.Prepare the operating section of XYZ's Statement of Cash Flows. 2. Prepare the investing section of XYZ's Statement of Cash Flows 3. Prepare the financing section of XYZ's Statement of Cash Flows 4. Is XYZ's Statement of Cash Flows reconciled with the balance of the cash account as of the end of the year. Show your computation.
Extracted text: ACTIVITY 2. The Cash Account of XYZ Company has a beginning balance Of Php 129,937.50. Its year end balance stands at Php 254,925.00 The table below show the summarized transactions from the cash account of XYZ Company. Php 725,175.00 300,574.50 58,850.00 Cash received from customer Payments to supplier Payments for other operating expense 19,992.50 Salaries Paid