Reference no: EM133034215
Identify the following accounts. Choose Cash Inventories Accounts receivable if it is related to cash, if it is related to Inventories, and if it is related to cash receivable.
1. Sold merchandise on account, P9,000.00
2. Purchase merchandise for sale, P4,500.00
3. Paid current bill, P3,600.00
4. Purchase raw materials, P6,700.00
5. Purchase supplies for sale, P15,500.00
6. Paid salaries in check, P6,000.00
7. Render services on account, P3,600.00
8. Render services, P2,500.00
9. Finish goods, P22,000.00
10. Sold goods in cash, P11,000.00