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{"ops":[{"insert":"The cash account of XYZ Company has a beginning balance of P129,937.50. Its year-end balance stands at P254,925. The table below shows the summarized transactions from the cash account of XYZ Company.\nCash received from customers P 725,175.00\nPayments to suppliers 300,547.50\nPayments for other operating expenses 58,850.00\nSalaries paid 19,992.50\nPurchase of equipment 253,000.00\nSale of delivery equipment 6,875.00\nProceeds from sale of computer equipment 47,762.50\nWithdrawals of owners 229,350.00\nProceeds from bank loan 82,500.00\nContributions of owners 137.500.00\nInterest paid 8,085.00\nRequirements:\n1. Prepare the Statement of Clash Flow of XYZ using the direct method,\n"}]}
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