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thank u! LET'S HAVE AN EVALUATION! A. Indicate in each independent case whether the is to be debited (DR) or to be credited (CR). Write
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LET'S HAVE AN EVALUATION! A. Indicate in each independent case whether the is to be debited (DR) or to be credited (CR). Write your answer on your activity notebook. 1. Increase in accounts Payable 2. Decrease in Owner's Equity 3. Increase in Service Revenue 4. Increase in Cash 5. Decrease in Accounts Receivable B. Direction: Journalize the following transactions of ABC Consultancy Services for the month of June 2020. Write it on your activity notebook. 2020 June 3 Ms, Mae Garcia invested Php 880,000 in the account of the company. 5 Consultancy services rendered to Mongolia Corp. on account, Php 50,000 and promised to pay on February 15, 2020. B Bought Php 100,000 worth of office equipment in cash. Consultancy services rendered to various clients for cash Php 100,000. Received water bill, Php 980. 10 15 Step by Step Solution
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