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How much cash was paid for salaries during october

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Problem 1: Office Supplies were P9,000 at the end of January and P11,400 at the end of February. During February, Office Supplies Expense equaled P3,000. How much cash was paid for office supplies during February?

a. P2,400

b. P14,400

C. P17,400

d. P5,400

Problem 2: An adjusting entry would not include which of the following accounts?

a. Cash

b. Interest Receivable

C. Property Taxes Payable

d. Unearned Revenues

Problem 3: Salaries Payable were P3,500 at the end of September and P2,800 at the end of October. Salaries Expense for October was P18,000. How much cash was paid for salaries during October?

a. P18,700

b. P24,100

C. P17,300

d. P11,700

Reference no: EM132789588

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