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Journal Entries 1. The business rendered services worth P150,000. The client paid P50,000 outright cash and the balance to be paid on the last week

Journal Entries

1. The business rendered services worth P150,000. The client paid P50,000 outright cash and the balance to be paid on the last week of January.

2. The owner took home P20,000 from the business for personal use.

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