Fill up the table below with your bookkeeping skills. The first one is already done for you. Copy the table 2: Mae's Bookkeeper With your help, Mae's RTW business became more successful. More customers visit her shop. She doubles her sales and makes more and answer on a separate sheet of paper. income than before! She needs your help to monitor the day-to-day transactions and record them to her books. Help Mae monitor and record the transactions for the week. Monday: Bought 20 dresses at P500.00 each in account. Tuesday: Borrowed cash loạn from the bank for P9.000.00, Paid half of the dresses bought in account yesterday, Monday. Wednesday: Sold 15 dresses for P750.00 each in cash. Thursday: Bought store supplies for P5,000.00 in account. Friday: Sold five dresses for P800.00 each in account. Paid the remaining balance of the dresses bought in account last Monday. Saturday: Paid in full the store supplies bought in account. Sunday: Collected cash for the five dresses sold in account. Debit Credit Description Inventory Account payable Date P10,000.00 P10,000.00 Monday
Fill up the table below with your bookkeeping skills. The first one is already done for you. Copy the table 2: Mae's Bookkeeper With your help, Mae's RTW business became more successful. More customers visit her shop. She doubles her sales and makes more and answer on a separate sheet of paper. income than before! She needs your help to monitor the day-to-day transactions and record them to her books. Help Mae monitor and record the transactions for the week. Monday: Bought 20 dresses at P500.00 each in account. Tuesday: Borrowed cash loạn from the bank for P9.000.00, Paid half of the dresses bought in account yesterday, Monday. Wednesday: Sold 15 dresses for P750.00 each in cash. Thursday: Bought store supplies for P5,000.00 in account. Friday: Sold five dresses for P800.00 each in account. Paid the remaining balance of the dresses bought in account last Monday. Saturday: Paid in full the store supplies bought in account. Sunday: Collected cash for the five dresses sold in account. Debit Credit Description Inventory Account payable Date P10,000.00 P10,000.00 Monday
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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