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The following are the accounts of RVBS Engineering Consultants for December 31 2019 Professional fees Salaries expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Loss on sale of equipment Php 500,000 (62.500) (93,750) (75,000) (50,000) (25,000) (112,000) 50,000

The following are the accounts of RVBS Engineering Consultants for December 31 2019 Professional fees Salaries expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Loss on sale of equipment Php 500,000 (62.500) (93,750) (75,000) (50,000) (25,000) (112,000) 50,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Comprehensive nincome with notes to financial statements 
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The following are the accounts of RVBS Enginsering Consultants for December 31, 2019 Professional fees Salanes expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Loss on sale of equipment Php 500 000 (62.500) (93,750) (75,000) (50,000) (25,000) (112.000) 50.000 The following are the accounts of Maris Merchandising for December 31, 2019. Sales Salanes expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Beginning inventory Purchases Php 1,000,000 (20,000) (30,000) (25.000) (15,000) (5,000) (36,000) 12.500 400,000 Ending inventory Saies discount 25,000 1,500
Transcribed Image Text:The following are the accounts of RVBS Enginsering Consultants for December 31, 2019 Professional fees Salanes expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Loss on sale of equipment Php 500 000 (62.500) (93,750) (75,000) (50,000) (25,000) (112.000) 50.000 The following are the accounts of Maris Merchandising for December 31, 2019. Sales Salanes expense Supplies expense Depreciation expense Utilities expense Insurance expense Rent expense Beginning inventory Purchases Php 1,000,000 (20,000) (30,000) (25.000) (15,000) (5,000) (36,000) 12.500 400,000 Ending inventory Saies discount 25,000 1,500
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