PROBLEM F Bohol Company provided the following for the current year: Cash balance, January 1 P6,000,000 Decrease in long-term debt Gain on sale of equipment Depreciation 5,000,000 300,000 1,100,000...



The net cash flow from investing activities amounted to PBlank 1.



PROBLEM F<br>Bohol Company provided the following for the current year:<br>Cash balance, January 1<br>P6,000,000<br>Decrease in long-term debt<br>Gain on sale of equipment<br>Depreciation<br>5,000,000<br>300,000<br>1,100,000<br>Proceeds from investment of owners<br>4,000,000<br>Purchase of equipment for cash<br>5,000,000<br>Cash withdrawal from owner<br>2,500,000<br>Net income<br>7,600,000<br>Proceeds from sale of equipment<br>2,000,000<br>Increase (decrease) in working capital accounts:<br>Accounts Receivable<br>Inventory<br>Trade accounts and notes payable<br>Income tax payable<br>(2,000,000)<br>2,500,000<br>3,800,000<br>(1,500,000)<br>

Extracted text: PROBLEM F Bohol Company provided the following for the current year: Cash balance, January 1 P6,000,000 Decrease in long-term debt Gain on sale of equipment Depreciation 5,000,000 300,000 1,100,000 Proceeds from investment of owners 4,000,000 Purchase of equipment for cash 5,000,000 Cash withdrawal from owner 2,500,000 Net income 7,600,000 Proceeds from sale of equipment 2,000,000 Increase (decrease) in working capital accounts: Accounts Receivable Inventory Trade accounts and notes payable Income tax payable (2,000,000) 2,500,000 3,800,000 (1,500,000)

Jun 09, 2022
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