Mr. Dela Cruz opens a barbershop business for the month of September. he looks and analyze his accounting records and he found out that in the middle of the month he already had a service income or earned P12,000, but when he checked his expenses by the end of the month it will reach up to P20,000 which includes; salary to his employees, payment for his rent, and water and electricity and other expenses. If Mr. Dela Cruz, wanted to have Php 10,000 profit (limpyo na kita), how much more he needs to earn by the end of the month? Give Mr. Dela Cruz some advice on how he will earn more for the next half of the month. *
Mr. Dela Cruz opens a barbershop business for the month of September. he looks and analyze his accounting records and he found out that in the middle of the month he already had a service income or earned P12,000, but when he checked his expenses by the end of the month it will reach up to P20,000 which includes; salary to his employees, payment for his rent, and water and electricity and other expenses. If Mr. Dela Cruz, wanted to have Php 10,000 profit (limpyo na kita), how much more he needs to earn by the end of the month? Give Mr. Dela Cruz some advice on how he will earn more for the next half of the month. *
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Mr. Dela Cruz opens a barbershop business for the month of September. he looks and analyze his accounting records and he found out that in the middle of the month he already had a service income or earned P12,000, but when he checked his expenses by the end of the month it will reach up to P20,000 which includes; salary to his employees, payment for his rent, and water and electricity and other expenses. If Mr. Dela Cruz, wanted to have Php 10,000 profit (limpyo na kita), how much more he needs to earn by the end of the month? Give Mr. Dela Cruz some advice on how he will earn more for the next half of the month. *
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