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Answer the following: 1.) What is the correct balance of Owner's Capital? a. P12,000 b. P10,700 c. P12,700 d. P11,800 2.) The corrected trial balance

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Answer the following:

1.) What is the correct balance of Owner's Capital?

a. P12,000

b. P10,700

c. P12,700

d. P11,800

2.) The corrected trial balance columns total is:

a. P25,020

b. P22,050

c. P22,020

d. P25,200

3.) What is the correct balance of Accounts Receivable?

a. P2,360

b. P2,540

c. P2,750

d.P2,570

4.) What us the correct balance of Cash?

a. P6,370

b. P5,884

c. P6,856

d. P5,850

5.) What is the correct balance of Accounts Payable?

a. P4,920

b. P5,020

c. P4,400

d. P4,710

6.) What is the correct balance of Advertising Expense?

a. P1,100

b. P1,586

c. P1,386

d. P1,486

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