Make the cost of goods sold and balance sheet Cash ₱ 5,596.00 Account Recievable 20,760.00 Equipment 9,000.00 Supplies 6,500.00 Notes Payable ₱ 20,000.00 Capital 52,000.00 Personal 2,050.00 Purchases 73,020.00 purchase Return 1,200.00 Purchase Discount 302.00 Frienght In 275.00 Sales 54,960.00 Sales Return 753.00 Sales Discount 558.00 Freight Out 225.00 General Expenses 950.00 Miscellenous Exp. 750.00 Salary Expense 4,500.00 Rent Expense 3,000.00 Selling Expense 350.00 Tax Expense 175.00 Totals ₱ 128,462.00
Make the cost of goods sold and balance sheet Cash ₱ 5,596.00 Account Recievable 20,760.00 Equipment 9,000.00 Supplies 6,500.00 Notes Payable ₱ 20,000.00 Capital 52,000.00 Personal 2,050.00 Purchases 73,020.00 purchase Return 1,200.00 Purchase Discount 302.00 Frienght In 275.00 Sales 54,960.00 Sales Return 753.00 Sales Discount 558.00 Freight Out 225.00 General Expenses 950.00 Miscellenous Exp. 750.00 Salary Expense 4,500.00 Rent Expense 3,000.00 Selling Expense 350.00 Tax Expense 175.00 Totals ₱ 128,462.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Make the cost of goods sold and
Cash ₱ 5,596.00
Account Recievable 20,760.00
Equipment 9,000.00
Supplies 6,500.00
Notes Payable ₱ 20,000.00
Capital 52,000.00
Personal 2,050.00
Purchases 73,020.00
purchase Return 1,200.00
Purchase Discount 302.00
Frienght In 275.00
Sales 54,960.00
Sales Return 753.00
Sales Discount 558.00
Freight Out 225.00
General Expenses 950.00
Miscellenous Exp. 750.00
Salary Expense 4,500.00
Rent Expense 3,000.00
Selling Expense 350.00
Tax Expense 175.00
Totals ₱ 128,462.00
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