Instruction: From the following data, compute the following: 1. Total Current Assets 2. Total Property and Equipment 3. Current Liabilities 4. Owner's Equity P 15,000 6,000 2,000 1,000 600 200 Cash on Hand Accounts Receivable Notes Receivable Prepaid Insurance Supplies on Hand Prepaid Interest Land Building Office Furniture Equipment Accounts Payable Notes Payable Unearned Rent Income SSS Premium Payable PhilHealth Contribution Payable Withholding Taxes Payable D, Foz, Capital 20,000 20,000 5,000 4,000 5,000 2,000 3,000 300 150 400 ?
Instruction: From the following data, compute the following: 1. Total Current Assets 2. Total Property and Equipment 3. Current Liabilities 4. Owner's Equity P 15,000 6,000 2,000 1,000 600 200 Cash on Hand Accounts Receivable Notes Receivable Prepaid Insurance Supplies on Hand Prepaid Interest Land Building Office Furniture Equipment Accounts Payable Notes Payable Unearned Rent Income SSS Premium Payable PhilHealth Contribution Payable Withholding Taxes Payable D, Foz, Capital 20,000 20,000 5,000 4,000 5,000 2,000 3,000 300 150 400 ?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please solve all... don't use ms Excel or any other. Please solve by hand. And solve all
Transcribed Image Text:Instruction: From the following data, compute the following:
1. Total Current Assets
2. Total Property and Equipment
3. Current Liabilities
4. Owner's Equity
15,000
6,000
2,000
1,000
600
200
20,000
20,000
5,000
4,000
5,000
2,000
3,000
300
150
400
?
Cash on Hand
Accounts Receivable
Notes Receivable
Prepaid Insurance
Supplies on Hand
Prepaid Interest
Land
Building
Office Furniture
Equipment
Accounts Payable
Notes Payable
Unearned Rent Income
SSS Premium Payable
PhilHealth Contribution Payable
Withholding Taxes Payable
D, Foz, Capital
Instruction: Prepare the Income Statement of Dr. Gecille Maranan for the month ended December 31, 2019
Dental Income
Salaries
Dental Supplies
Rent Expense
Light and Water Expense
Taxes and Licenses
P 9,800
2,000
2,000
1,500
300
392
1,000
Depreciation Expense
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