The following are the account balances for the interim period ending June 30, 2X18 of PC...

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The following are the account balances for the interim period ending June 30, 2X18 of PC Corporation, an entity classified as SME: Revenues Expenses: Personal computers Hard drive Employees' wages and benefits Lease payments Utilities Advertising Miscellaneous Cash Equipment Accounts Payable Wages Payable Investment by Owner Drawings by Owner D. Total net income E. Total expenses B. Total liabilities C. Total owner's equity P85,000 22,800 17,300 10,700 24,000 3,200 900 300 6,200 12,500 Procedure: 1. Open MS Excel and start a new worksheet. Then, compute for the following: A. Total assets 650 1,200 12,500 1,450 The following are the account balances for the interim period ending June 30, 2X18 of PC Corporation, an entity classified as SME: Revenues Expenses: Personal computers Hard drive Employees' wages and benefits Lease payments Utilities Advertising Miscellaneous Cash Equipment Accounts Payable Wages Payable Investment by Owner Drawings by Owner D. Total net income E. Total expenses B. Total liabilities C. Total owner's equity P85,000 22,800 17,300 10,700 24,000 3,200 900 300 6,200 12,500 Procedure: 1. Open MS Excel and start a new worksheet. Then, compute for the following: A. Total assets 650 1,200 12,500 1,450

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A TOTAL ASSETS it includes cash p6200 equipments P12500 the formula for total asset is Total Assets ... View the full answer