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Give the effects of the following transactions on ASSETS, LIABILITIES, OWNERS EQUITY, REVENUES, AND EXPENSES. 1. Maggie Caparas invested P10,000 cash in a beauty parlor.
Give the effects of the following transactions on ASSETS, LIABILITIES, OWNERS EQUITY, REVENUES, AND EXPENSES.
1. Maggie Caparas invested P10,000 cash in a beauty parlor. 2. Paid P1,000 for rent. 3. Purchased furniture worth P6,000 for cash. 4. Bought equipment on accounts from Villena's Beauty Center for p5,000. 5. Received P5,000 for services rendered. 6. Paid Salary, P500. 7. Bought supplies, P300. 8. Partial payment of account with Villena's Beauty Center,P3,000. 9. Receipts for the week,P5,000
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