Question
Fill the table with the given transactions below, include its account title and whether it increased or decreased Nov 10. Paid gasoline for the delivery
Fill the table with the given transactions below, include its account title and whether it increased or decreased
Nov 10. Paid gasoline for the delivery equipment, P 300, Remitted the amounts payable to the SSS and PhilHealth. Nov 20. Received cash for services previously rendered, P3,000 ,Paid taxes to the BIR. P453. Nov 25. Made payment on account (for office supplies). P2.000 ,Received cash for services rendered, P3,500. Nov 27. Paid a cable television for December subscription, P400. Nov 30. Paid quarterly business tax to the cily, P1,500 ,Did wages to the part-time assistant. P2,500.
Asset | Liabilities | Equity | |
Nov 10 | |||
Nov 20 | |||
Nov 25 | |||
Nov 27 | |||
Nov 30 |
for example. Dec 4. Performed delivery services for P1,000; P600 in cash and P400 on account
Asset | Liabilities | Equity | |
Dec 4 | cash +600 accounts receivable +400 | service revenue +1,000 |
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