Purchased repair supplies for cash p 12 500

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August undefined, 2024

Web1.VALIX opened an account with BPI under the the Assisi Business Agency's name and deposited P850,000 cash. He also invested two personal computers which he acquired a … Web1. T. Cruz invested P100,000 in a motor repair shop. 2. Purchased repair supplies for cash, P12,000 3. Purchased repair supplies from L. Guillen on credit, P23,000. 4. Completed …

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WebView full document. See Page 1. Activity 3 State the value received and value parted with in the following transactions: 1. Bought equipment from E and E Trading on credit, P 15,000. 2. Purchased from NBS Bookstore office supplies worth P 1,000 cash. 3. Billed XYZ Corp. for P 12,000 for legal services rendered. 4. WebASK AN EXPERT. Business Accounting 12 Purchased supplies for P1,500 on account. 15 Received cash of P12,500 for services provided on June 5. 17 Purchased gasoline for … byju\\u0027s gk

Answered: 1- Invested P20,000 cash in the… bartleby

WebPurchased P1,200 of repair supplies on credit from A. Fuentes. 4. Purchased for cash a new typewriter, P14,500. 5. Paid for newspaper advertising, P1,500. 6. Completed repair work for S. Valdez and received P1,500 cash. 7. Completed repair work for P. Fernando P1,450. Accepted P800 and a promise to pay the balance in 30 days. 8. Web11 Purchased supplies for cash P9,000. 12 Purchased merchandise for cash P28,000. 15 Received refund for poor quality merchandise from supplier on cash purchases, P2,400. 17 Purchased merchandise from Harlow Distributors P26,880, FOB shipping Point, terms 2/10, n/30. 19 Paid freight on Jan 17 purchase P2,500. 24 Sold merchandise for cash P69,440. WebSolution for 10. Withdrew cash- P5,000 and supplies- P1,000. A. Cash 5,000 Supplies 1,000 Pachicks, Capital 6,000 B. Cash 5,000 Supplies Expense 1,000 Pachicks,… byju\u0027s google reviews

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WebJun 30, 2024 · On July 1, 2024, Paul Brite started a TV repair business. July 1 He invested P50,000 in cash to start his business. 3 Purchased for cash shop supplies costing … WebJune 1 – Peter made the following investment: Cash – P200,000; Shop equipment – P300,000. 2 - Purchased shop supplies ... Collected the account on June 4. 12 – Received cash for services rendered, P3, 14 -Paid the electric bill, P4,500. 14 – Paid the weekly salary of mechanic. 16 – Bought shop supplies for cash, P2,500. 19 ... byju\u0027s grade upWebPurchased additional repair supplies P670 cash. Debit- Repair Supplies P670 Credit- Cash P670 10. Completed repair work for A. Martinez on credit, P9,800. Debit- Accounts … byju\\u0027s gradeup

"Web8 Repaired a customer's computer billing him for ₱5,000 10 Repaired a customer's computer for ₱8,800 of which 80% was collected with the balance on account. 12 Received andpaid the telephone bill by issuing check in the amount of ₱3,000. 13 Purchased repair supplies by issuing a check in the amount of ₱3,000. " - Purchased repair supplies for cash p 12 500

Purchased repair supplies for cash p 12 500

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WebPaid 50% with balance on credit for 30 days 8 – Bought repair supplies for cash P7,500. 9 – Collected cash of P1,500 for cell phone repair services. 10 – Billed Madison Corp. P7,500 for computer repair services rendered. 14 – Summary of cash received P8,000 from customers and a promissory note for P2,500 for computer repair services. 15 – Signed a contract …

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WebPurchased repair equipment from M. Bay P15,000 on account 3. Purchased repair supplies P10,000 on cash 4. Completed ... Oct. 2 Acquired a service vehicle in the amount of P195,000 on account 3 Acquired supplies for cash, P57,000 Received P87,500 cash for ... P170,000 12 Paid P55,000 on account from Oct. 2 16 Withdrew P25,000 for ... WebThe new accounting equation would be: Assets $30,200 (Cash $13,900 + Supplies $500 + Prepaid Rent $1,800 + Equipment $5,500 + Truck $8,500) = Liabilities $200 + Equity …

WebFeb 26, 2024 · 9. Purchased additional repair supplies P 670 cash. 10. Completed repair work for A. Martinez on credit, P9,800. 11. Paid the salary of the shop assistant, P2,500. 12. Paid P5,000 for the shop space. 13. Withdrew P 5,000 cash for personal use. 14. Collected the account due from A. Martinez. 15. Received in full the account due from V. Serna. Pa ... WebApr 26, 2024 · CREDIT: Cash 50000 CREDIT: Office Supplies 1000..... 10. PAID 400 for the REPAIR of one of the computers. DEBIT: Repairs and Maintenance Expense 400 CREDIT: …

WebFeb 26, 2024 · 9. Purchased additional repair supplies P 670 cash. 10. Completed repair work for A. Martinez on credit, P9,800. 11. Paid the salary of the shop assistant, P2,500. … WebDate Account Name/Explanation P.R Debit Credit Sept. 3 Cash x 35,000 Repair Equipment x 15,000 W. Madison, Capital x 50,000 5 Office Supplies x 3,900 Cash x 3,900 8 Prepaid Insurance x 7,200 Cash x 7,200 10 Repair Equipment x 5,000 Accounts Payable x 5,000 12 Cash x 10,800 Repair Service Revenue x 10,800 15 Accounts Payable x 2,500 Cash x 2,500

Web101 Cash P 9,400 102 Accounts receivable 13,700 103 Supplies 700 104 Equipment 10,000 201 Accounts payable P 5,200 202 Notes payable 12,000 301 J.Lopez, Capital 39,000 302 J.Lopez, Drawing 2,008 401 Sales 45,300 402 Sales discount 900 403 Sales return and allowances 304 501 Purchases 56,800 502 Purchase returns and allowances 800 503 …

WebPurchased P1,000 of repair supplies on credit from A. Fuentes. Purchased shop supplies from L. Salvador, P1,500, cash. Completed repair work for S. Valdez and received P1, … byju\u0027s gmatWebASK AN EXPERT. Business Accounting 1- Invested P20,000 cash in the business 2 - Bought repair tools worth P3,200 and repair supplies P4,500 on credit from ABC Merchandising 3 … byju\\u0027s grade upWebDecrease in an asset, decrease in stockholders' equity. Purchased supplies for cash, $1,100. a. a. Increase in an asset, decrease in another asset. b. Increase in an asset, increase in a … byju\u0027s grade up appWebOn January 31, P11,500 of Repair Supplies was on hand. prepare the adjusted trial balance and a 12-column worksheet, prepare a ... 2024. During July, the following transactions were completed. July 1 Owner invested $11,300 cash in the company. 1 Purchased used truck for $7,520, paying $ ... 12 Billed customers $3,480 ... byju\u0027s gradeupWebFor example, on March 18, 2024, the company ABC purchases $ 1,000 of office supplies by paying with cash immediately. In this case, the company ABC can make the journal entry … byju\u0027s gradeup appWebFeb 1 Ivy Santos invested P5,000 cash in Flawless Beauty Shop. 3 Bought manicure sets and other toiletries for shop use P1,500 cash. 5 Bought display cases, chairs and tables and standing mirror on account from Real. Beauty Supplies, P5,000. 6 Paid taxes and license for P300 cash. 12 Rendered services for cash P1,800. 15 Paid rent for the month ... byju\\u0027s gradeup app downloadWebILLUSTRATION • Transaction 1 • Oct. 1 – Mr. Gil opened a motor repair shop and invested P100,000 cash. A = L + P Cash P100,000 = 0 + Gil, Capital P100,000. Analysis: The asset, cash, is increased by P100,000. The proprietorship account is also increased by P100,000 2. Oct. 3 - He purchased repair supplies worth P25,000 on credit from De ... byju\u0027s gradeup app download