Please answer correctly. Thanks. FDNACCT has beginning balance of owner's equity of 187,000. This increased toP500,000 at year-end. Owner's additional investment and withdrawal were P60,000and P90,000, respectively. Total costs and expenses during the year amounted toP293,000.How much was total revenues earned during the period?

FDNACCT has beginning balance of owner's equity of 187,000. This increased to P500,000 at year-end. Owner's additional investment and withdrawal were P60,0O00 and P90,000, respectively. Total costs and expenses during the year amounted to P293,000. How much was total revenues earned during the period?

FDNACCT has beginning balance of owner's equity of 187,000. This increased to P500,000 at year-end. Owner's additional investment and withdrawal were P60,0O00 and P90,000, respectively. Total costs and expenses during the year amounted to P293,000. How much was total revenues earned during the period?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 1P

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