ASSETS LIABILITIES EQUITY Purchase of supplies on credit Paid utility expense Received a loan granted by a bank Withdraws cash from the business Paid salaryies and wages Received cash from customers as sales Received promisorry note from rental business Paid advertising expense Paid P1,000 to creditors Billed custumer for videoke rental
ASSETS LIABILITIES EQUITY Purchase of supplies on credit Paid utility expense Received a loan granted by a bank Withdraws cash from the business Paid salaryies and wages Received cash from customers as sales Received promisorry note from rental business Paid advertising expense Paid P1,000 to creditors Billed custumer for videoke rental
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
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ASSETS |
LIABILITIES |
EQUITY |
|
Purchase of supplies on credit |
|
|
|
|
Paid utility expense |
|
|
|
|
Received a loan granted by a bank |
|
|
|
|
Withdraws cash from the business |
|
|
|
|
Paid salaryies and wages |
|
|
|
|
Received cash from customers as sales |
|
|
|
|
Received promisorry note from rental business |
|
|
|
|
Paid advertising expense |
|
|
|
|
Paid P1,000 to creditors |
|
|
|
|
Billed custumer for videoke rental |
|
|
|
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