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63 Mugunghwa kkochi Pieot Seumnida (MKPS) Company provides you the following details at the beginning of the beginning of the month: Cash = P50,000 Accounts Receivable = P25,000 Supplies = P12,000 Accounts Payable = P37,000 During the month, the following transactions occurred: -- Bought an equipment for Cash, P13,000 Collected cash from MKPS receivable, P10,000 Owner withdrawn P2,000 for personal use. - Interviewed additional staff during last day of the month. The owner offered him P10,000 monthly salary. 2 Paid monthly rental, 93,000 - Total Revenue for the month, P180,000. (Cash, P80,000; Accounts Receivable, P100,000) What is the total amount of cash at the end of the nionth? (Point) Enter your answer 64 The following balances came from the books of Mugunghwa Kkochi Pieot Seumnida (MKPS) Company: Cash = P100,000 Accounts Receivable = P20,000 Machinery = 30,000 Accounts Payable = 25,000 Mortgage Payable = 30,000 What is the current ratio based on the details given? (1 Point) Enter your answer 65 The total accounts receivable of Mugunghwa Kkochi Pieot Seumnida (MKPS) Company were as follows: January 1, 2019, P 380,000; January 31, 2019, P 470,000. In January, P 900,000 was collected on accounts; P 90,000 was received from cash sales; accounts receivable of P 60,000 was written off as uncollectible and sales return and allowances amounted to P 25,000. Compute the total sales in January (1 Point) P 1,105,000 P 1,195,000 P 1,170,000 P 1,135,000 66 Effect of profit if you put up a business: * (1 Point) assets will increase so will net worth assets will increase so will liabilities assets, liabilities and net worth will all increase debts can be paid but net worth will decrease