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 P60,0 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 P60,0 and P90,000, respectively. Total costs and expenses during the year amounted to P293,000. How much was total revenues earned during the period?
Chapter2: Analysis Of Financial Statements
Section: Chapter Questions
Problem 11PROB
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