into the business. Received a Charge Invoice from a supplier fo the purchase of a desktop computer amounting to P32,500. The computer is estimated to be useful for five years and hav a salvage value of P2,500 thereafter. Purchased supplies amounting to P18,000 ir 9 cash. 15 Paid P6,000 insurance for six months. Issued a Service Invoice for an amount of
into the business. Received a Charge Invoice from a supplier fo the purchase of a desktop computer amounting to P32,500. The computer is estimated to be useful for five years and hav a salvage value of P2,500 thereafter. Purchased supplies amounting to P18,000 ir 9 cash. 15 Paid P6,000 insurance for six months. Issued a Service Invoice for an amount of
Chapter1: Financial Statements And Business Decisions
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