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I51 62 '53 I55 66 .57 I53 69 7'0 71 72 73 74 15 7'6 7'7 '18 79 80' 81 Odd-man out: Select the word
I51 62 '53 I55 66 .57 I53 69 7'0 71 72 73 74 15 7'6 7'7 '18 79 80' 81 Odd-man out: Select the word that does not belong to the group. Copying data from the journal to the ledger Direct costs of producing a product. The outputs of a manufacturing rm are the inputs of a merchandising business. Odd-man out: Select the word that does not belong to the group. Marilag Beauty Shop has total assets of P250, 000, liabilities of P20, 000, capital of P130, 000, revenues of P150, 000 and expenses of P30, 000.Marilag, Drawing is Ari equipment was purchased on January 1, 2017 for P50, 000 with a salvage value of P5, 000 and useful life of 10 years. The company has a semi~annua| accounting period. The amount of depreciation to be recorded on June 30, 2017 is Software refers to all relevant financial information of the business and practices. At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.Gross Profit for 2016 is Adjusting entries, closing entries, and reversing entries are all done at the end of the accounting period. Odd-man out: Select the word that does not belong to the group. Income earned but not yet received or recorded. Anything of economic value that the business owns. Financial accounting is the branch of accounting that focuses in information needed by internal users for their decision making. The total equity of the business is P500, 000. Owner's equity is P400, 000. Plant and Equipment is 45% of total Assets, the total current assets is Odd-man out: Select the word that does not belong to the group. Certificates of deposits and checks are part of the Cash on Hand and in Banks or simply, Cash account. If the debit and credit columns of a trial balance have the same totals, the recording and posting of entries are all guaranteed correct. Cost of manufacturing a nished product. Book of final entry. Odd-man out: Select the word that does not belong to the group
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