Based on the following post-closing trial balance of Rigodon Corporation on June 30, the end of...

 

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Based on the following post-closing trial balance of Rigodon Corporation on June 30, the end of its fiscal year. Accrued Insurance Expense Office Equipment P 10,000 80,000 Accum. Depreciation - Office Eqpmt. 8,000 Furniture 40,000 2,000 P 25,000 Notes Payable Cash 50,000 Unearned Rental Income 5,000 Unused Supplies 1,500 Accounts Receivable 12,000 Accum. Depreciation - Furniture 2,000 Allow for Bad Debts If the owner's drawing is P 100,000 and the beginning owner's equity is P 185,000, How much is the net profit? O. Ob Oc P101.000 P 109,000 P 102.000 P 121,000 Based on the following post-closing trial balance of Rigodon Corporation on June 30, the end of its fiscal year. Accrued Insurance Expense Office Equipment P 10,000 80,000 Accum. Depreciation - Office Eqpmt. 8,000 Furniture 40,000 2,000 P 25,000 Notes Payable Cash 50,000 Unearned Rental Income 5,000 Unused Supplies 1,500 Accounts Receivable 12,000 Accum. Depreciation - Furniture 2,000 Allow for Bad Debts If the owner's drawing is P 100,000 and the beginning owner's equity is P 185,000, How much is the net profit? O. Ob Oc P101.000 P 109,000 P 102.000 P 121,000

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