ACCOUNTS PAYABLE                          P60,000 ACCOUNTS RECEIVABLE                     P10,000 BUILDING                                                      ? CASH                                                   P30,000  EQUIPMENT                                         P70,000                   ARLYN VILLANUEVA, CAPITAL                     ?                          LAND                                                   P70,000     IF THE BALANCE OF THE VILLANUEVA, CAPITAL ACCOUNT WAS P210,000, WHAT WOULD BE THE BALANCE OF THE BUILDING ACCOUNT?   P250,000 P40,000 P90,000 210,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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ACCOUNTS PAYABLE                          P60,000

ACCOUNTS RECEIVABLE                     P10,000

BUILDING                                                      ?

CASH                                                   P30,000 

EQUIPMENT                                         P70,000                  

ARLYN VILLANUEVA, CAPITAL                     ?                         

LAND                                                   P70,000  

 

IF THE BALANCE OF THE VILLANUEVA, CAPITAL ACCOUNT WAS P210,000, WHAT WOULD BE THE BALANCE OF THE BUILDING ACCOUNT?

 

  1. P250,000
  2. P40,000
  3. P90,000
  4. 210,000
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