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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Concept explainers
Question
JOURNALIZING TO T - ACCOUNT

Transcribed Image Text:DA E
DESCRIPTION
FOLIO
CREDIT
DEBIT
150,000
FEB 1
INVESTMENTS
PHP150,000
CASH
ACCOUNT RECEIVABLE- GOLD
SERVICE REVENUE
FEB 4
2.
PHP65 000
PHP65,000
FEB 6
PHP5,000
PREPAID RENT
CASH
OFFICE SUPPLIES
CASH
SALARIES EXPENSES
CASH
CASH
SERVICE REVENUE
ACCOUNT RECEIVABLE
SERVICE REVENUE
OWNER'S DRAWING
CASH
OWNERS DRAWING
CASH
SALARIES EXPENSES
CASH
CASH
ACCOUNT RECEIVABLE
4
PHP5,000
FEB 10
4
PHP1,500
PHP1,500
FEB 15
PHP15,000
PHP15,000
FEB 18
PHP10,000,
PHP10,000
FEB 20
PHP40,000
PHP40 000
FEB 25
8.
PHP65 000
PHP65,000
FEB 28
6.
PHP500
PHP500
FEB 28
10
PHP15,000
PHP15.000
FEB 28
11
PHP2,500
PHP2,500
PHP2,300
12 ELECTRIC BILL
CASH
FEB 28
PHP2,300
Expert Solution
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