You are given the following account balances as at year-end: Accounts Receivable: ₱36,000 Accumulated Depreciation – Store Furniture and Equipment: ₱13,750 Allowance for Doubtful Accounts: ₱19,000 Cash: ₱126,694 Depreciation Expense – Store Furniture and Equipment: ₱5,500 Doubtful Accounts Expense: ₱11,000 Merchandise Inventory: ₱24,237 Office Supplies: ₱5,094 Store Furniture and Equipment: ₱44,000 Store Supplies: ₱9,996 How much is total assets at year-end?
You are given the following account balances as at year-end: Accounts Receivable: ₱36,000 Accumulated Depreciation – Store Furniture and Equipment: ₱13,750 Allowance for Doubtful Accounts: ₱19,000 Cash: ₱126,694 Depreciation Expense – Store Furniture and Equipment: ₱5,500 Doubtful Accounts Expense: ₱11,000 Merchandise Inventory: ₱24,237 Office Supplies: ₱5,094 Store Furniture and Equipment: ₱44,000 Store Supplies: ₱9,996 How much is total assets at year-end?
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 13PB: Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash,...
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You are given the following account balances as at year-end:
- Accounts Receivable: ₱36,000
Accumulated Depreciation – Store Furniture and Equipment: ₱13,750- Allowance for Doubtful Accounts: ₱19,000
- Cash: ₱126,694
- Depreciation Expense – Store Furniture and Equipment: ₱5,500
- Doubtful Accounts Expense: ₱11,000
- Merchandise Inventory: ₱24,237
- Office Supplies: ₱5,094
- Store Furniture and Equipment: ₱44,000
- Store Supplies: ₱9,996
How much is total assets at year-end?
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