Based on the following selected accounts provided to you by the chief accountant of Barbi Traders: P 4,600 2,500 5,000 1,400 5,400 10,000 2,000 1,500 1,400 2,600 7300 Accrued interest income Acerued interest expense Prepaid Rent Unearned interest Allowance for Bad Debes Accumulated depreciation Freight in Freight out Purchase Returns & Allowances Purchase discount Sales Returns & Allowances Sales discount 3,700 How much is the total of the debit balances? P 19,500 OD not given P 14,900 P 17.000
Based on the following selected accounts provided to you by the chief accountant of Barbi Traders: P 4,600 2,500 5,000 1,400 5,400 10,000 2,000 1,500 1,400 2,600 7300 Accrued interest income Acerued interest expense Prepaid Rent Unearned interest Allowance for Bad Debes Accumulated depreciation Freight in Freight out Purchase Returns & Allowances Purchase discount Sales Returns & Allowances Sales discount 3,700 How much is the total of the debit balances? P 19,500 OD not given P 14,900 P 17.000
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.1AP
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