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Problem 1: ABC Company are asking you to evaluate the accounts and look for the missing amount. The following are the data available upon examining; Cash P250,000, Accounts Receivable P50,000, Property Plant and Equipment P500,000, Accounts Payable P50,000, and Owner's Equity of P450,000. Salaries Payable are not recorded. At how much should the salaries payable would be?
a. P500,000
b. P400,000
c. P300,000
d. P250,000
in early july mike gottfried purchased a 70 ticket to the december 15 game of the chicago titans. the titans belong to
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You decided to open a Merchandising business in Davao City on December 1, 2015, Record the transactions in a two-column general journal
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Determine which company has the greater financial risk in both the short term and the long term.
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