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please answer all the questions immediately thankyou always 8 Bookeeping dopes this for you, except * (1 Point) Analyzes, measures and records all financial transactions
please answer all the questions immediately thankyou always
8 Bookeeping dopes this for you, except * (1 Point) Analyzes, measures and records all financial transactions tracks down business activities which must be documented. make economic decisions for users prepare reports 9 Mugunghwa Kkoci Pieot Seumnida (MKPS) Company has provided the following information regarding ticket Sales and collections to their amusement park from August to October Cash received in October, for September booking = P2,300,000 Cash received in September, for October booking = P2,100,000 Cash received in August, for September booking = P1,800,000 Cash received in September, for September booking = P3,600,000 Under the Cash Basis, determine how much revenue should be reported for September? * (1 Point) Enter your answer 10 The adjusting entry required when amounts previously recorded as unearned revenues are earnedincludes: * (1 Point) A debit to a liability. A debit to an asset. A credit to a liability. A credit to an asset. 11 Mugunghwa Kkochi Pieot Seumnida (MKPS) Company showed the following balances at the end of its first year: Cash Prepaid insurance Accounts receivable Accounts payable Notes payable MKPS, Capital MKPS, Drawings Revenues Experses P8,700 9,400 7,000 5,800 9,400 2,300 1,400 44,000 35,000 what did Mugunghwa Kkochi Pieot Seumnida (MKPS) Company show as total credits on its erial balance? * (1 Point) P52,400 P61,500 P62,900 P70.900 12 Statement I: An increase in asset may be accompanied by decrease in equity. Statement 11 : An increase in liability may be accompanied by an increase in expenses. * (1 Point) True, "True False false True False False, TrueStep by Step Solution
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