Problem:Mya Pachicks opened a delivery service business named "Chicks To Go" on May 1, 2013. The following items were the transactions occurred during the month of May: ANSWER ONLY 6. Paid the following expenses: rent- P8,000; utilities- P5,000, andgas and oil- P5,000A. Cash18,000Rent Expense8,000Utilities Expense5,000Gas and oil Expense5,000B. Rent Expense8,000Utilities Expense5,000Gas and oil Expense5,000Accounts Payable18,000C. Rent Expense5,000Utilities Expense8,000Gas and oil Expense5,000Cash18,000D. Rent Expense8,000Utilities Expense5,000Gas and oil Expense5,000Cash18,000O BD.O A

Answered: 6. Paid the following expenses: rent-…

6. Paid the following expenses: rent- P8,000; utilities- P5,000, and gas and oil- P5,000 A. Cash 18,000 Rent Expense 8,000 Utilities Expense 5,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Problem:

Mya Pachicks opened a delivery service business named "Chicks To Go" on May 1, 2013. The following items were the transactions occurred during the month of May:

ANSWER ONLY

6. Paid the following expenses: rent- P8,000; utilities- P5,000, and
gas and oil- P5,000
A. Cash
18,000
Rent Expense
8,000
Utilities Expense
5,000
Gas and oil Expense
5,000
B. Rent Expense
8,000
Utilities Expense
5,000
Gas and oil Expense
5,000
Accounts Payable
18,000
C. Rent Expense
5,000
Utilities Expense
8,000
Gas and oil Expense
5,000
Cash
18,000
D. Rent Expense
8,000
Utilities Expense
5,000
Gas and oil Expense
5,000
Cash
18,000
O B
D.
O A

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