If the beginning balance for June of the materials inventory account of AAA Enterprise was P250,000, the materials purchased for the month is P1,200,000 and the ending balance for the month was P300.000, how much was the materials used for the month? 1. P 1,150,000 2. P 1.250,000 3. P 1,500,000 4. P 1,750,000 O 1 O 2 O 3 4

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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If the beginning balance for June of the materials inventory account of AAA
Enterprise was P250,000, the materials purchased for the month is P1,200,000
and the ending balance for the month was P300.000, how much was the
materials used for the month?
1. P 1,150,000
2. P 1.250,000
3. P 1,500,000
4. P 1,750,000
0 1
O 2
Transcribed Image Text:If the beginning balance for June of the materials inventory account of AAA Enterprise was P250,000, the materials purchased for the month is P1,200,000 and the ending balance for the month was P300.000, how much was the materials used for the month? 1. P 1,150,000 2. P 1.250,000 3. P 1,500,000 4. P 1,750,000 0 1 O 2
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