24. If the capital beginning is P14,000, investment during the year is P23,000, net loss is...

 

Transcribed Image Text:

24. If the capital beginning is P14,000, investment during the year is P23,000, net loss is P19,200 and the capital ending is P16,000. How much is the withdrawal during the year? 25. If the capital on Dec. 31, 2022 is P900,000 and the net investment for the year is P160,000, how much is the capital on January 1, 2022 if the net income for the year is P234,000? 26. Masa Kit invested to a music shop on Jan 3, 2022 cash amounting to start-up the business. During the year, the operations goes well and realized an income of P780,000. Masa Kit withdrew P47,000 during the middle of the year to be use for his travel to Thailand. If the capital on December 31, 2022 is P1,235,000, how much is the investment made by Masa Kit at the start of the year? 24. If the capital beginning is P14,000, investment during the year is P23,000, net loss is P19,200 and the capital ending is P16,000. How much is the withdrawal during the year? 25. If the capital on Dec. 31, 2022 is P900,000 and the net investment for the year is P160,000, how much is the capital on January 1, 2022 if the net income for the year is P234,000? 26. Masa Kit invested to a music shop on Jan 3, 2022 cash amounting to start-up the business. During the year, the operations goes well and realized an income of P780,000. Masa Kit withdrew P47,000 during the middle of the year to be use for his travel to Thailand. If the capital on December 31, 2022 is P1,235,000, how much is the investment made by Masa Kit at the start of the year?

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 24 P14800 25 ... View the full answer