On April 5, Timothy established an interior decorating business, Tim's Design, with a cash investmen P200,000. Timothy completed the following transactions for April: 6 Paid rent for the month, P8,000. 7 Purchased from Delta Co. office equipment, P55,000 8 Purchased a used car for P180,000, paying P80,000 cash and taking a bank loan for the

On April 5, Timothy established an interior decorating business, Tim's Design, with a cash investmen P200,000. Timothy completed the following transactions for April: 6 Paid rent for the month, P8,000. 7 Purchased from Delta Co. office equipment, P55,000 8 Purchased a used car for P180,000, paying P80,000 cash and taking a bank loan for the

Name: JOUBNAL entbiesOn April 5, Timothy established an interior decorating
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Description: JOUBNAL entbiesOn April 5, Timothy established an interior decorating business, Tim's Design, with a cash investmenP200,000. Timothy completed the following transactions for April:6 Paid rent for the month, P8,000.7 Purchased from Delta Co. office e

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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