OFFICE OF OFFICE OF CAM ASSIGNMENT The folowing are the transactons of Clam Rado dectranics repair shop for the morth af a Clara Rado nvested the tollowing in hernewly opened electronic repair shop P 50,000 30,000 Equipment b Purchased office supplies worth P 4.000 in cash. C. Paid rent for the shop space, P 4,000. a Purchased equipment, P 20,000 with 50% down payment and the balance on account. a Rerdered service to clent, cash P70,000. t Paid the salary of shop assistant, P 7,000. 9 Rendered nervicos to dinnta worth P 30,000 canh and P S5,000 wih promissory notes. h Collected P30.000 of the account receivables. i Seted the accounts payable trom the purch quipment on transacton letter D. + Paid electric bil of P 2.000: water bill P 500, and tlephone bill P 500.

OFFICE OF OFFICE OF CAM ASSIGNMENT The folowing are the transactons of Clam Rado dectranics repair shop for the morth af a Clara Rado nvested the tollowing in hernewly opened electronic repair shop P 50,000 30,000 Equipment b Purchased office supplies worth P 4.000 in cash. C. Paid rent for the shop space, P 4,000. a Purchased equipment, P 20,000 with 50% down payment and the balance on account. a Rerdered service to clent, cash P70,000. t Paid the salary of shop assistant, P 7,000. 9 Rendered nervicos to dinnta worth P 30,000 canh and P S5,000 wih promissory notes. h Collected P30.000 of the account receivables. i Seted the accounts payable trom the purch quipment on transacton letter D. + Paid electric bil of P 2.000: water bill P 500, and tlephone bill P 500.

Name: MENT OF EDUASSIGNMENTOFFICL OF CAM26The folowing are the transactons
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Description: MENT OF EDUASSIGNMENTOFFICL OF CAM26The folowing are the transactons of Clam Rado dectranics repair shop for the month afDecember 2019.Clara Rado nvested the tollowing in hernewly opened electronic repiair shopCashEquipmentP 50,00030,000b. Purchased

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 2MC

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