The Mira Bookstore sells books used in classes Of this, 25% is for the small office at the back of such as workbooks and accounting books. The the bookstore. Depreciation for store fixtures amounted to P50,000. Total supplies used is enrolled students from different private schools comprising 1,545 senior high school P12,500. taking up STEM , purchased the three pre- Prepare a Statement of Comprehensive Income scribed books at P500 each. The books cost for MIRA Bookstore based on the above infor- P200 each. Also, sales of various school sup- mation using a multi-step approach for the year plies amounted to P500,000. Costs of these ended 2021. school supplies amounted to P250,000. The btst cmet monthly salary of the bookstore manager is P28,000. The store is manned by one office clerk with monthly salary of P16,000, and two salespeople with a monthly salary of P18,000. Utilities expenses for the year totaled P80,000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Mira Bookstore sells books used in classes
Of this, 25% is for the small office at the back of
such as workbooks and accounting books. The
the bookstore. Depreciation for store fixtures
enrolled students from different private
amounted to P50,000. Total supplies used is
schools comprising 1,545 senior high school
P12,500.
taking up STEM , purchased the three pre-
Prepare a Statement of Comprehensive Income
scribed books at P500 each. The books cost
for MIRA Bookstore based on the above infor-
P200 each. Also, sales of various school sup-
mation using a multi-step approach for the year
plies amounted to P500,000. Costs of these
ended 2021.
school supplies amounted to P250,000. The
bt st datiment
monthly salary of the bookstore manager is
P28,000. The store is manned by one office
clerk with monthly salary of P16,000, and two
salespeople with a monthly salary of P18,000.
Utilities expenses for the year totaled P80,000.
Transcribed Image Text:The Mira Bookstore sells books used in classes Of this, 25% is for the small office at the back of such as workbooks and accounting books. The the bookstore. Depreciation for store fixtures enrolled students from different private amounted to P50,000. Total supplies used is schools comprising 1,545 senior high school P12,500. taking up STEM , purchased the three pre- Prepare a Statement of Comprehensive Income scribed books at P500 each. The books cost for MIRA Bookstore based on the above infor- P200 each. Also, sales of various school sup- mation using a multi-step approach for the year plies amounted to P500,000. Costs of these ended 2021. school supplies amounted to P250,000. The bt st datiment monthly salary of the bookstore manager is P28,000. The store is manned by one office clerk with monthly salary of P16,000, and two salespeople with a monthly salary of P18,000. Utilities expenses for the year totaled P80,000.
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