SUBJECT: ACCOUNTING The owner got some goods costing P450 but priced to sell for P500 to be

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SUBJECT: ACCOUNTING

The owner got some goods costing P450 but priced to sell for P500 to be given as a gift to a friend. What is the journal entry based on perpetual system

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Posted Date: Mar 06, 2024 11:29 PM

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SUBJECT: ACCOUNTING The owner got some goods costing P450 but priced to sell for P500 to be

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In a perpetual inventory system the journal entry for the transaction where the owner purchases good... View the full answer

Engineering Economic Analysis

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