4. The company purchased supplies on account amounting to 5.000 5. The owner withdrew cash of PHP15.000 or the business incurred PHP15.000 expenses and paid in cash. 6. Paid liabilities worth PHP53.000. 7. The owner withdrew supplies worth PHPS.000 or the business used supplies worth PHPS.000.
4. The company purchased supplies on account amounting to 5.000 5. The owner withdrew cash of PHP15.000 or the business incurred PHP15.000 expenses and paid in cash. 6. Paid liabilities worth PHP53.000. 7. The owner withdrew supplies worth PHPS.000 or the business used supplies worth PHPS.000.
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 1.8EX: Asset, liability, and stockholders equity items Indicate whether each of the following is identified...
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