B. 2. ACCOUNTING MASTER 1The Problem:Refer to the business transactions relating to Mr. Jose Dela Cruz - a house cleaningservice business in MakatiCashAccountDeliveryExpensesAccountBaukCleaningCapitalReceivablePayableLoanFees101t10,000+10,000102-5,000+5,000103-4.000+4,000104+20,000+20.000105-1200012.000-10,000-5,000-5.0001OT-11,000-12,000t1,000108-1 4,000-140,00+1 26,000Directions: Describe each transactions made by Mr. Jose Dela Cruz using the table below.TransactionDescriptionE.g. 101Received P 10,000 cash for cleaning fees.

Accounting is regarded as the procedure used by the business in order to estimate the financial…

Refer to the business transactions relating to Mr. Jose Dela Cruz- a house cleaning service business in Makati Cash Account Delivery Expenses Account Bauk Cleaning Capital Receivable Payable Loan Fees 101 t10,000 +10,000 102 -5,000 +5.000 103 -4,000 14,000 104 +20,000 +20.000 105 -12000 12.000 -10,000 106 -5.000 -5,000 107 -11,000 -12,000 t1.000 108 -14,000 -140,000 +1 26,000 irections: Describe each transactions made by Mr. Jose Dela Cruz usıng the table below. Transaction Description E.g. 101 Received P 10,000 cush for cleaning fees.

Refer to the business transactions relating to Mr. Jose Dela Cruz- a house cleaning service business in Makati Cash Account Delivery Expenses Account Bauk Cleaning Capital Receivable Payable Loan Fees 101 t10,000 +10,000 102 -5,000 +5.000 103 -4,000 14,000 104 +20,000 +20.000 105 -12000 12.000 -10,000 106 -5.000 -5,000 107 -11,000 -12,000 t1.000 108 -14,000 -140,000 +1 26,000 irections: Describe each transactions made by Mr. Jose Dela Cruz usıng the table below. Transaction Description E.g. 101 Received P 10,000 cush for cleaning fees.

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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