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V nchars Jethro Maribao has a service business under the name of AdMar Company. Below...

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Accounting

V nchars Jethro Maribao has a service business under the name of AdMar Company. Below is the trial balance of AdMar Company:
AdMar Company
Trial Balance
December 31,2023
Account Titles
Debit
Credit
Cash
P ,419,000.00
Accounts Receivable
Supplies
104,000.00
Prepaid Rent
4,000.00
27,000.00
Land ,800,000.00
Building ,500,000.00
Total
P2,199,000.00 P 2,199,000.00
Additonal Information:
Winchars had an additional cash investment of P300,000 which has not been recorded and has cash beginning balance of 360,500.
The prepaid rent and accounts receivable beginning balance in the year 2023 were 25,000 and 100,000 respectively. Supplies decreases to 80%.
Accounts Payable increases by 30% and Unearned Revenue decreases by 10% during the year.
Additional Land was purchased on cash during the year, 500,000.
Requirements: Prepare the statement of cash flows (using the indirect method)
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