1:21e.He paid P15,000 for the salaries of employees.f.He received P20,0000 for services rendered.g.He paid P8,400 for the monthly rental of the place.h.He withdrew P8,500 for personal use.i.He received P5,500 onaccount from customers who werepreviously billed.j.He paid P599 for telecommunications expense for the month. 1:21g.He paid P8,400 for the monthly rental of the place.h.He withdrew P8,500 for personal use.i.He received P5,500account from customers whoonwerepreviously billed.5j.He paid P599 for telecommunications expense for the month.Notes to the Teacher/FacilitatorThis module prepares students to record transactionsin the general journal. The students will learn the parts of a journaland apply the rules of debit and credit in recording in a journal.

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Answered: He paid P15,000 for the salaries of…

Business

Accounting

He paid P15,000 for the salaries of employees.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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