Make journal entries for the below listed transactions: On April 01, 2019 Chin started business with P100,000 and other transactions for the month are: 2. Purchase Furniture for Cash P7,000. 8. Purchase Goods for Cash P2,000 and for Credit P1,000 from Shaw Store. 14. Sold Goods to KK Bros P12,000 and Cash Sales P5,000. 18. Owner withdrew of worth P2,000 for personal use.

Make journal entries for the below listed transactions: On April 01, 2019 Chin started business with P100,000 and other transactions for the month are: 2. Purchase Furniture for Cash P7,000. 8. Purchase Goods for Cash P2,000 and for Credit P1,000 from Shaw Store. 14. Sold Goods to KK Bros P12,000 and Cash Sales P5,000. 18. Owner withdrew of worth P2,000 for personal use.

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Description: Make journal entries for the below listed transactions:On April 01, 2019 Chin started business with P100,000 and other transactions for themonth are:2. Purchase Furniture for Cash P7,000.8. Purchase Goods for Cash P2,000 and for Credit P1,000 from S

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter7: Inventories: Cost Measurement And Flow Assumptions

Section: Chapter Questions

Problem 4MC: Dixon Menswear Shop purchased shirts from Colt Company on May 28, 2019, and received an invoice with...

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