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Asked by ConstableGrouseMaster628
. BestLife Trading Company had the following information on its...
Image transcription text BestLife Trading Company had the following information on its
cash transactions.
Collection from customers
P 400,000
Payment to suppliers
180,000
Payment for operating expenses
80,000
Capital investment
1,000,000
Payment for loans
22,000
Proceeds from loan borrowing
200,000
Purchase of office equipment
220,000
How much should be reported as cash flows from operating
activities in the Statement of Cash Flows?
O a. P1,000,000
O b. P1,098,000
O C. P140,000
O d. P178,000
Solved by verified expert
Answered by norodinmuktaalilaya
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