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Sold goods to XYZ store worth P15,000 with the following terms: 20% down payment and the balance is payable at the end of the month.

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Sold goods to XYZ store worth P15,000 with the following terms: 20% down payment and the balance is payable at the end of the month. Cash payment journal Purchase louma! Sates journat and Cashpayment journal sales doumal 5 a sas foumatiand 6 ash rcecipts lournal Adjusting entries for the period. Cash Disbursements Journal Cash Reccipts Journal Gencral Journal Sites Jurnal Cash sales, P40,000. Please see the format of the sales journal below: Cash reccipts journal Purchasc journal Sales Journal Cash disbursment foumal Established the petty cash fund by issuing a P4.000 check to the petty cash custodian. Chash bavinent joutnal Cicnctaliolarciat spales lountili Purchised foumat Cath nacipts purnti) The company uses the periodic method. At the end of the year it conducts physical count and prepares an entry to establish the ending inventory. On what book will this be recorded? Gencrat journal Cash bayment journat Cashirecelpts burntal saich ioumbil The owner has invested a laptop with a cost of P60,000. (FMV is P35,000) Saice Journal Gish noceipts journal Purchaiselcitinai Castripaymbithourail Replenished the petty cash fund for the following disbursements: Givenasedounmal Sold goods on account, P7,900 Sales Journal Purchasc journal Cash payment ipurnat Cash reccipts uournat

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