Jan 1 Bought new machineries worth P80.000 in account. Jan 3 Purchased P50,000 worth of computer parts inventory, paying P2 cash the balance in account. Jan 9 Paid P5,000 cash for interest from a bank loan. Jan 17 Sold two machineries for a total of P9,000 in cash. Jan 19 Sold P20,000 worth of computer parts for P35,000 in cash. Jan 25 Purchased new machinery for P10.000 in account. Jan 29 Scid P10.000 werth of computer parts for P20.000 in account. Date Description Debit Crec low much is the balance of her accounts payable? How much is her total sales for January? iow much interest did she pay? How much is the balance of her accounts receivable? Eow much is the balance of her inachinerv account?
Jan 1 Bought new machineries worth P80.000 in account. Jan 3 Purchased P50,000 worth of computer parts inventory, paying P2 cash the balance in account. Jan 9 Paid P5,000 cash for interest from a bank loan. Jan 17 Sold two machineries for a total of P9,000 in cash. Jan 19 Sold P20,000 worth of computer parts for P35,000 in cash. Jan 25 Purchased new machinery for P10.000 in account. Jan 29 Scid P10.000 werth of computer parts for P20.000 in account. Date Description Debit Crec low much is the balance of her accounts payable? How much is her total sales for January? iow much interest did she pay? How much is the balance of her accounts receivable? Eow much is the balance of her inachinerv account?
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter3: The General Journal And The General Ledger
Section: Chapter Questions
Problem 3A: What Do You Think? You work as an accounting clerk. You have received the following information...
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