month: 1 2 The following are sample transactions of Pearson Hardman, a small retail company, for...

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month: 1 2 The following are sample transactions of Pearson Hardman, a small retail company, for a particular 1. The owner put Php 10,000 in the business. 2. The owner borrowed Php 20,000 from a bank on behalf of the business.. 3 4 5 6 7 8 9 10 3. Bought tools, paying Php 15,000 cash. 4. Bough an office computer set with a price of 18,000 on account. 5. Paid rental for one month. 9. Paid off 50% of the obligation in transaction no. 4. 10. Collected 60% of the account in transaction no. 7. Write the amount under the affected elements. No. 6. Received cash of Php 30,000 as payment for repair services rendered. 7. Done repair services worth Php 25,000. The customer promises to pay next month. 8. Paid light and water bill, Php 6,000. ASSETS ASSETS = LIABILITIES + OWNER'S EQUITY LIABILITIES CAPITAL OWNER'S EQUITY REVENUE EXPENSES month: 1 2 The following are sample transactions of Pearson Hardman, a small retail company, for a particular 1. The owner put Php 10,000 in the business. 2. The owner borrowed Php 20,000 from a bank on behalf of the business.. 3 4 5 6 7 8 9 10 3. Bought tools, paying Php 15,000 cash. 4. Bough an office computer set with a price of 18,000 on account. 5. Paid rental for one month. 9. Paid off 50% of the obligation in transaction no. 4. 10. Collected 60% of the account in transaction no. 7. Write the amount under the affected elements. No. 6. Received cash of Php 30,000 as payment for repair services rendered. 7. Done repair services worth Php 25,000. The customer promises to pay next month. 8. Paid light and water bill, Php 6,000. ASSETS ASSETS = LIABILITIES + OWNER'S EQUITY LIABILITIES CAPITAL OWNER'S EQUITY REVENUE EXPENSES

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Transactions The owner put Php 10000 in the business Assets Php 10000 Cash Owners Equity Capital Php 10000 The owner borrowed Php 20000 from a bank on ... View the full answer