Tacurong Organic Farm received P69.595, from Amanda as payment for the merchandise she purchased. The bookkeeper recorded the amount as P9,695. Book. P60,000 will be added to the books. Bank. P69,696 will be added to the bank records. Bank. P60,000 will be added to the bank records. Book. P69,696 will be added to the books. Three Network Bank collected from the customer of Tacurong Organic Farm the sum of P85,387 representing payment of the said customer to Tacurong Organic Farm. No entry was made in the books of Tasurong Organic Farm. Bank. P85,387 will be added to the bank records. No adjustments will be made.
Tacurong Organic Farm received P69.595, from Amanda as payment for the merchandise she purchased. The bookkeeper recorded the amount as P9,695. Book. P60,000 will be added to the books. Bank. P69,696 will be added to the bank records. Bank. P60,000 will be added to the bank records. Book. P69,696 will be added to the books. Three Network Bank collected from the customer of Tacurong Organic Farm the sum of P85,387 representing payment of the said customer to Tacurong Organic Farm. No entry was made in the books of Tasurong Organic Farm. Bank. P85,387 will be added to the bank records. No adjustments will be made.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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