7. The balance sheets of Bonifacio Company include the following: 12/31/2019 12/31/2019 PO Interest Receivable Supplies Wages Payable Unearned Revenue P6,300 5,000 3,600 3,000 3,800 4,000 The income statement for 2020 shows the following Interest Revenue Service Revenue Supplies Expense Wages Expense P18,400 72,700 8,700 39,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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7. The balance sheets of Bonifacio Company include the following:
12/31/2019
12/31/2019
Interest Receivable
P6,300
5,000
3,600
PO
Supplies
Wages Payable
Unearned Revenue
3,000
3,800
4,000
0.
The income statement for 2020 shows the following
P18,400
72,700
8,700
39,000
Interest Revenue
Service Revenue
Supplies Expense
Wages Expense
What is the total cash paid for supplies and wages?
Transcribed Image Text:7. The balance sheets of Bonifacio Company include the following: 12/31/2019 12/31/2019 Interest Receivable P6,300 5,000 3,600 PO Supplies Wages Payable Unearned Revenue 3,000 3,800 4,000 0. The income statement for 2020 shows the following P18,400 72,700 8,700 39,000 Interest Revenue Service Revenue Supplies Expense Wages Expense What is the total cash paid for supplies and wages?
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