Professional Documents
Culture Documents
The Balance Sheet
The Balance Sheet
The Balance Sheet
Liabilities
Accounts Payable P 158,900
Total Liabilities P 158,900
Owner’s Equity
R. Lopez, Capital, Beg. P 250,000
Add: Profit 94,100
Total P 344,100
Less: R. Lopez, Drawing 5,000
R. Lopez, Capital, End P 339,100