Eme Rald Architects is owned by Arch. Eme Rald. During 2019, Arh. Rald invested additional drafting supplies of ₱140 000. Also, Eme Rald architects earned a net income of ₱105 000. Arch. Rald also withdrew cash of ₱70 000. Finally, Arch Rald's ending capital balance amounted to ₱455 000 as at December 31,2015. 1. How much is Arch. Eme Rald's beginning capital balance (January 1,2019) 2. Prepare a statement of changes in equity for Eme Rald Architects

Eme Rald Architects is owned by Arch. Eme Rald. During 2019, Arh. Rald invested additional drafting supplies of ₱140 000. Also, Eme Rald architects earned a net income of ₱105 000. Arch. Rald also withdrew cash of ₱70 000. Finally, Arch Rald's ending capital balance amounted to ₱455 000 as at December 31,2015. 1. How much is Arch. Eme Rald's beginning capital balance (January 1,2019) 2. Prepare a statement of changes in equity for Eme Rald Architects

Name: Eme Rald Architects is owned by Arch. Eme Rald. During 2019, Arh. Rald
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Description: Eme Rald Architects is owned by Arch. Eme Rald. During 2019, Arh. Rald invested additional drafting supplies of ₱140 000. Also, Eme Rald architects earned a net income of ₱105 000. Arch. Rald also withdrew cash of ₱70 000. Finally, Arch Rald's ending

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter16: Accounting Periods And Methods

Section: Chapter Questions

Problem 15DQ

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