M's capital on January 1 was P20,000. She invested P3,000 on May 1, withdrew P1,200 on August

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M's capital on January 1 was P20,000. She invested P3,000 on May 1, withdrew P1,200 on August 1, and invested P1,800 on November 1. M's average capital was

a. P22,900 b. P21,800 c. P24,200 d. P22,100

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Posted Date: Nov 01, 2022 06:18 AM

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M's capital on January 1 was P20,000. She invested P3,000 on May 1, withdrew P1,200 on August

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