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    Mae Justine Joy Tajonera
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    This document contains a series of accounting journal entries recording various debits and credits to different accounts. The entries track transactions between accounts labeled A through F, with amounts that are debited from one account and credited to another.

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    Original Title

    QUIZ-1

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    This document contains a series of accounting journal entries recording various debits and credits to different accounts. The entries track transactions between accounts labeled A through F, with amounts that are debited from one account and credited to another.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    6 views2 pages

    Quiz 1

    Uploaded by

    Mae Justine Joy Tajonera
    This document contains a series of accounting journal entries recording various debits and credits to different accounts. The entries track transactions between accounts labeled A through F, with amounts that are debited from one account and credited to another.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    DR.AccountLetter.Amount.CR.AccountLetter.

    Amount

    13. DR.D.5,000,000.CR.A.5,000,000

    14. DR.D.1,000,000.CR.G.1,000,000

    15. DR.B.2,400,000.DR.C.3,600,000.CR.D.6,000,000

    16. DR.D.5,000,000.CR.A.5,000,000

    17. DR.F.75,000.CR.E.75,000

    18. DR.F.50,000.CR.E.50,000

    19. DR.B.2,000,000.DR.C.2,875,000.DR.F.125,000.CR.D.5,000,000

    20. DR.B.2,000,000.CR.A.2,000,000

    21. DR.C.3,000,000.CR.B.2,000,000.CR.D.1,000,000

    INTANGIBLE ASSETS

    1. No, because it is not identifiable


    2. Both A and B
    3. Only statement 1 is true
    4. Both statements are
    true.
    5. Wasting Asset 5,000,000
    Cash 5,000,000
    6. Intangible Asset
    7. Only statement 2 is true
    8. Both statements are
    true
    9. Only statement 2 is true

    10. 270,000

    11. 370,000

    12. 230,000

    13. 292,000
    1,670,00
    14. 0

    15. 365,000
    FUNDS AND OTHER INVESTMENTS

    1. DR.C.1,322,987.CR.A.1,322,987
    2. DR.C.158,758.CR.D.158,758
    3. DR.C.1,322,987.CR.A.1,322,987
    4. DR.C.336,567.CR.D.336,567
    5. DR.C.1,322,987.CR.A.1,322,987
    6. DR.C.535,714.CR.D.535,714
    7. DR.B.5,500,000.CR.A.50,000.CR.C.5,000,000
    8. DR.D.87,500.CR.B.87,500

    9. DR.D.150,000.CR.A.150,000

    10. DR.C.100,000.CR.D.33,333.CR.F.66,667
    11. DR.B.87,500.CR.D.87,500

    12. DR.C.25,000.CR.D.25,000

    13. DR.D.87,500.CR.B.87,500

    14. DR.D.150,000.CR.A.150,000

    15. DR.B.87,500.CR.D.87,500

    16. DR.C.37,500.CR.D.37,500

    17. DR.C.50,000.CR.D.50,000

    18. DR.C.50,000.CR.D.50,000

    19. DR.A.1,200,000.CR.C.300,000.CR.D.87,500.CR.E.812,500

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