Activity 3.Instruction: Compute for the missing amount of the account titles taken from the SPF of independent company. 3. At the end of the first month of operations for Mary Anne's, the business t had the following accounts: Accounts Receivable, Php4,800; Prepaid Insurance, Php15,000; Equipment, Php68,200 andC ash, Php40,650. On the same date, Juana owed the following creditors: Bonny Supply Company, Php42,000 (due in 6 months); Maria's Equipment, Php90,500 (due after 2 years). Current liability is Activity 3.Instruction: :Compute for the missing amount of the account titles taken from the SPF of independent company.1. Assets are Php 27,000 and owner's equity is Php15,000, liabilities?2. At the end of the first month of operations for TMAM Transportation, the business had thefollowing accounts: Accounts Receivable, Php2,800; Prepaid Insurance, Php700; Equipment, Php85,500and Cash, Php75,550. On the same date, TMAM owed the following creditors: Mely's Supply Company,Php8,000; Mark's Equipment, Php19,500. The current assets for the Juana's Delivery Service are3. At the end of the first month of operations for Mary Anne's, the business thad the followingaccounts: Accounts Receivable, Php4,800; Prepaid insurance, Php15,000; Equipment, Php68,200 andCash, Php40,650. On the same date, Juana owed the following creditors: Bonny Supply Company,Php42,000 (due in 6 months); Maria's Equipment, Php90,500 (due after 2 years). Current liability is4. If during the year total assets increase by Php85,000 and total liabilities decrease byPhp15,000, by how much did owner's equity increase/decrease?5.Using the following accounts Cash - 15,000 Loans Payable - 77,500 Accounts Receivable -6,300, Inventory-7,400 Supplies -- 4,200Equipment – 52,000 Owner's equity - 98,000 Accounts Payable- 22,400 Building -113,000, How much is the total assets and Total Liabilities and Owner's Equity TotalLiabilities and Owner's Equity.

Name: Activity 3.Instruction: Compute for the missing amount of the account
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Activity 3.Instruction: Compute for the missing amount of the account titles taken from the SPF of independent company. 3. At the end of the first month of operations for Mary Anne's, the business t had the following accounts: Accounts Receivable,