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Till La Hok Computer Services Trial Balance January 31, 2020 Debit Credit Cash P382,460 Accounts Receivable 92,000 Supplies 67,000 Office Equipment 700,000 Accounts Payable P980 Lok, Capital 947,000 Service Revenue 297,000 Utilities Expense 3,520 TOTALS P1.244,980 P1,244,980

Till La Hok Computer Services Trial Balance January 31, 2020 Debit Credit Cash P382,460 Accounts Receivable 92,000 Supplies 67,000 Office Equipment 700,000 Accounts Payable P980 Lok, Capital 947,000 Service Revenue 297,000 Utilities Expense 3,520 TOTALS P1.244,980 P1,244,980

FINANCIAL ACCOUNTING
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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Create a Balance Sheet for Till La Hok Computer Services. The other picture is just for the format .

tie Menes talp Tall me wiot gou want to da Numbe Narmal ste fureat faresr Conditiceal fomet asChe cel Fumeting Mege & Cemer Cxpiona rent een %3D Assets Equation: OWNER'S EQUITY = ASSETS-LIABILITIES Current Assets Cash 06,000 ASSETS OWNER'S EQUITY + LIABILITIES Account receivMable Notes repelvable 10 80,000 20,000 166 000 12 Noeoament Assets Laundny Equipment Ofnice fumiture 48,000 25,000 0.000 15 Total Assets 16 Tabibties 20 Corrent Liabitities Accounts payable 34,000 18,000 Total Llabties Capta/Eqoity ea, 000 Denny Teledo, Capital TotalNet mceine 36,000 304, 003 204, 000 30 Total Lisheties & Capital
Transcribed Image Text:tie Menes talp Tall me wiot gou want to da Numbe Narmal ste fureat faresr Conditiceal fomet asChe cel Fumeting Mege & Cemer Cxpiona rent een %3D Assets Equation: OWNER'S EQUITY = ASSETS-LIABILITIES Current Assets Cash 06,000 ASSETS OWNER'S EQUITY + LIABILITIES Account receivMable Notes repelvable 10 80,000 20,000 166 000 12 Noeoament Assets Laundny Equipment Ofnice fumiture 48,000 25,000 0.000 15 Total Assets 16 Tabibties 20 Corrent Liabitities Accounts payable 34,000 18,000 Total Llabties Capta/Eqoity ea, 000 Denny Teledo, Capital TotalNet mceine 36,000 304, 003 204, 000 30 Total Lisheties & Capital
Accessibility Mode Till La Hok Computer Services Trial Balance January 31, 2020 Debit Credit Cash P382,460 Accounts Receivable 92,000 Supplies 67,000 Office Equipment 700,000 Accounts Payable P980 Lok, Capital 947,000 Service Revenue 297,000 Utilities Expense 3,520 TOTALS P1.244,980 P1,244,980 INCOME STATEMENT
Transcribed Image Text:Accessibility Mode Till La Hok Computer Services Trial Balance January 31, 2020 Debit Credit Cash P382,460 Accounts Receivable 92,000 Supplies 67,000 Office Equipment 700,000 Accounts Payable P980 Lok, Capital 947,000 Service Revenue 297,000 Utilities Expense 3,520 TOTALS P1.244,980 P1,244,980 INCOME STATEMENT
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