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P2,900 debit b. P300 debit a. P2,900 credit d. P300 credit C. account to net or net loss? ial Balance

P2,900 debit b. P300 debit a. P2,900 credit d. P300 credit C. account to net or net loss? ial Balance

FINANCIAL ACCOUNTING
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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6. The ille cash acCU withdrawals acco b. service revenue C. capital account a. a. P2,900 debit b. P300 debit C. P2,900 credit d. P300 credit d. The balance in the e a. equal to net in b. the same as th Post-Closing Trial Balance Jewel Cherry, capital P 54,900 35,200 10,900 3,500 6,850 C. always more d. the balance t Cash Accounts receivable Accounts payable Unearned service revenue 2 The accounts wh assets, liabi b. revenues, e a. Supplies Equipment Land 1,200 10,600 o assets, liab d. assets, liab 15,400 ? Accumulated depreciation Revenues, exp a post-clos 7. Refer to the table; calculate the total amount in the credit column of the pos account prior to net net loss? unadjus wor
Transcribed Image Text:6. The ille cash acCU withdrawals acco b. service revenue C. capital account a. a. P2,900 debit b. P300 debit C. P2,900 credit d. P300 credit d. The balance in the e a. equal to net in b. the same as th Post-Closing Trial Balance Jewel Cherry, capital P 54,900 35,200 10,900 3,500 6,850 C. always more d. the balance t Cash Accounts receivable Accounts payable Unearned service revenue 2 The accounts wh assets, liabi b. revenues, e a. Supplies Equipment Land 1,200 10,600 o assets, liab d. assets, liab 15,400 ? Accumulated depreciation Revenues, exp a post-clos 7. Refer to the table; calculate the total amount in the credit column of the pos account prior to net net loss? unadjus wor
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