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    BAAE Financial Transaction Worksheet

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    jepsyut
    The document is a financial worksheet tracking cash flows and balances for various asset, liability, and equity accounts throughout the month of June 2019. It shows the opening balances, daily transactions that increase or decrease account balances, and the closing balances for each account at the end of the month. The net income for the period is P3,950, calculated as total revenues of P5,700 minus total expenses of P1,750.

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    BAAE Financial Transaction Worksheet

    Uploaded by

    jepsyut
    308 views1 page
    The document is a financial worksheet tracking cash flows and balances for various asset, liability, and equity accounts throughout the month of June 2019. It shows the opening balances, daily transactions that increase or decrease account balances, and the closing balances for each account at the end of the month. The net income for the period is P3,950, calculated as total revenues of P5,700 minus total expenses of P1,750.

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    The document is a financial worksheet tracking cash flows and balances for various asset, liability, and equity accounts throughout the month of June 2019. It shows the opening balances, daily transactions that increase or decrease account balances, and the closing balances for each account at the end of the month. The net income for the period is P3,950, calculated as total revenues of P5,700 minus total expenses of P1,750.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    308 views1 page

    BAAE Financial Transaction Worksheet

    Uploaded by

    jepsyut
    The document is a financial worksheet tracking cash flows and balances for various asset, liability, and equity accounts throughout the month of June 2019. It shows the opening balances, daily transactions that increase or decrease account balances, and the closing balances for each account at the end of the month. The net income for the period is P3,950, calculated as total revenues of P5,700 minus total expenses of P1,750.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Astuto, Maubrick Khian D.

    BSAC – 1B

    MAM Deliveries
    Financial Transaction Worksheet
    Month of June 2019
    A.
    DATE ASSET = Liabilities + Owner’s Equity
    2019 Cash Accounts Supplies Equipment = Accounts Notes + Owner’s Owner’s Revenues Expenses
    Receivable Payable Payable Capital Drawings
    June 1 P10,000 = + P10,000
    2 (P2,000) P12,000 = P10,000 +
    3 (P500) = + (P500)
    5 P4,400 = + P4,400
    9 (P200) = + (P200)
    12 P150 = P150 +
    15 P1,250 (P1,250) = +
    17 P200 = P200 +
    20 1,300 = + P1,300
    23 (P600) = (P600) +
    26 (P250) = + (P250)
    29 (P200) = (P200) +
    30 (1,000) = + (1,000)
    7,800 3,150 350 12,000 150 9,400 10,000 (200) 5,700 (1,750)

    Total Asset = 23,300 Total Liabilities = P9,550 Total Owner’s Equity = P13,750
    Total Asset = P23,300 Total Liabilities and Owner’s Equity = P23,300

    B. How much is the Net Income? The Net Income is P3,950

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