ACCOUNTS PAYABLE                          P60,000 ACCOUNTS RECEIVABLE                     P10,000 BUILDING                                                      ? CASH                                                   P30,000  EQUIPMENT                                         P70,000                   ARLYN VILLANUEVA, CAPITAL                     ?                          LAND                                                   P70,000     IF THE BALANCE OF THE VILLANUEVA, CAPITAL ACCOUNT WAS P210,000, WHAT WOULD BE THE BALANCE OF THE BUILDING ACCOUNT?   P250,000 P40,000 P90,000 210,000

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
Section: Chapter Questions
Problem 8QY: What is the amount of ending capital shown on the balance sheet for Floress Catering? a. 22,000 b....
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ACCOUNTS PAYABLE                          P60,000

ACCOUNTS RECEIVABLE                     P10,000

BUILDING                                                      ?

CASH                                                   P30,000 

EQUIPMENT                                         P70,000                  

ARLYN VILLANUEVA, CAPITAL                     ?                         

LAND                                                   P70,000  

 

IF THE BALANCE OF THE VILLANUEVA, CAPITAL ACCOUNT WAS P210,000, WHAT WOULD BE THE BALANCE OF THE BUILDING ACCOUNT?

 

  1. P250,000
  2. P40,000
  3. P90,000
  4. 210,000
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