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Activity #3-A Prepare a simple journal entry with these following transactions. On March 1, 2010, Mr. Ruel Santos opens a current account with Allied Banking
Activity #3-A
Prepare a simple journal entry with these following transactions.
- On March 1, 2010, Mr. Ruel Santos opens a current account with Allied Banking Corporation amounting to P700,000 to start with his laundry shop business under the trade name Gensan Laundry Services. On March 3, 2010 he purchased laundry supplies for cash, P40,000 from Gaisano Mall.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
