Question: Activity 1 Using the answer sheet below, state the accounts and the amounts to be debited and credited. 1. M. Manzano invested P150,000 in an

Activity 1 Using the answer sheet below, state the accounts and the amounts to be debited and credited. 1. M. Manzano invested P150,000 in an Auto Repair Shop 2. Purchased repair equipment from M. Bay P15,000 on account 3. Purchased repair supplies P10,000 on cash 4. Completed repair work to Mr. XYZ on credit, P25,000

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