Valix Financial Accounting Vol 3 answers.xlsx

Problem 12 - 25 From Customers From Dividends Wages Insurance Taxes Net Cash Provided

Php Php

2,000,000.00 300,000.00 Php 2,300,000.00

Php Php Php

1,200,000.00 100,000.00 400,000.00 Php 1,700,000.00 A.) Php 600,000.00

Problem 12 -51 #3 Retained Earnings 2009 Net Income 2010 Retained Earnings 2010 Dividend Declared 2010 Dividend Payable 2010 Dividend Paid 2010

Php Php Php Php Php Php

330,000.00 400,000.00 (560,000.00) 170,000.00 (70,000.00) 100,000.00

Cash Received from Note Payable Cash Received from Issue of Share Capital Dividend Paid Net Cash Provided D.)

Php Php Php Php

500,000.00 300,000.00 (100,000.00) 700,000.00