Question: Determine the value received and value parted with for the following transactions: Value Received Value Parted With a) Paid rent. b) Rendered professional services for

Determine the value received and value parted with for the following transactions: Value Received Value Parted With

a) Paid rent. b) Rendered professional services for cash. c) Withdrew P100 for personal service. d) Paid the balance of P350 on a typewriter previously purchased on account. e) Purchased office supplies.

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