Peter's credit card statement for October showed these items: 10/1, previous balance, PI,080.15; 10/5, purchase, P756.89; 10/10, purchase, P1,061.88; 10/14, purchase, credit card company uses a 5.0% monthly periodic rate and the average daily balance method. How much is P890.23; 10/25, payment, P850. Peter's Peter's current balance? A. P3080.05 B. P4,320.6 A0725 G 10

Peter's credit card statement for October showed these items: 10/1, previous balance, PI,080.15; 10/5, purchase, P756.89; 10/10, purchase, P1,061.88; 10/14, purchase, credit card company uses a 5.0% monthly periodic rate and the average daily balance method. How much is P890.23; 10/25, payment, P850. Peter's Peter's current balance? A. P3080.05 B. P4,320.6 A0725 G 10

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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