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Prepare a simple bookkeeping of cash report of Gio Enriquez' allowance using the following information: a) November 10, Gio Enriquez received P15,000 as his
Prepare a simple bookkeeping of cash report of Gio Enriquez' allowance using the following information: a) November 10, Gio Enriquez received P15,000 as his allowance for the month of November. b) November 12, Gio spent P500 to buy a new book for his Entrepreneurship class. c) November 14, Gio went to the grocery to get buy basic essentials for himself. He spent P1,500. d) November 15,Gio went to a restaurant with his friends to have dinner. They spent P1,500 to which Gio and 3 of his friends equally shared the bill. e) November 18, After a phone call he got from his father, Gio went to the mall and checked his ATM Savings Account and saw a deposit made to his name in the amount of P20,000. He called his father to inform him that he got the money and it was for his December allowance. f) November 20, Gio went shopping for new clothes and spent P5,000. g) November 25, Gio paid P1,000 to cover for expenses to be incurred in their school party. h) December 2, Gio needed to pay P10,000 for his utilities like cellphone billing (P3,000), P3,000 for his share in the school outing and xmas party. i) December 15, Gio happily announced to his family that his time deposit account already matured and earned for him P5,000 and called the bank to instruct the bank service officer to be deposited to his savings account j) How much is his Closing balance?
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