Account Amount Lacson invested P100,000 cash in the a. Account debited Cash 100,000 business b. Account credited Lacson, 100,000 Capital Rent Expense 5,000 Paid PS,000 for office rent for the month. 2 a. Account debited b. Account credited a Account debited Cash 5,000 Purchased P1,500 of supplies on account b. Account credited a. Account debited b. Account credited a Account debited Paid P3,000 to advertise on the radio. Received P6,000 for services provided.
Account Amount Lacson invested P100,000 cash in the a. Account debited Cash 100,000 business b. Account credited Lacson, 100,000 Capital Rent Expense 5,000 Paid PS,000 for office rent for the month. 2 a. Account debited b. Account credited a Account debited Cash 5,000 Purchased P1,500 of supplies on account b. Account credited a. Account debited b. Account credited a Account debited Paid P3,000 to advertise on the radio. Received P6,000 for services provided.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter3: The Double-entry Framework
Section: Chapter Questions
Problem 6SEB: TRANSACTION ANALYSIS George Atlas started a business on June 1,20--. Analyze the following...
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