Accounts Payable

Accounts Receivable

Fees Earned

K. Chang Drawing

Supplies

Unearned Fees

K. Chang Capital

Utilities Expense

Wages Payable

Wages Expense

A form with left and right side

A financial statement that contains the asset, liabilities, and owner's equity

Is prepared to  facilitate the preparation of adjusting entries, financial statements, and closing entries

An account that asset, liabilities, and owner's equity are in vertical order.

It shows the financial condition of the business.

Salary, Utilities, Supplies Used are examples of

Income and Expense are in the financial statement of

Asset is on the left side, liability and owner's equity are on the right side, this form of account is called ______

Buildings, Accounts Receivable and Supplies are examples of _______

Supplies Used, Salaries Expense, and Advertising Expense are examples of ______

Merchandise sales, P3,000; Terms 3/10, n/30.

Purchased merchandise  on account. P2,500 . Terms: 2/10, n/30

Sold merchandise on account. P5,000. Terms: n/60.

Sold on account P1,800, Terms: 3/15, n/30.

Merchandise sales on credit P8,200. Terms: 5/10, 3/15, n/30.

Purchased merchandise on account, P10,000. Terms: 20/10, 10/20, n/30.

Merchandise sales on account P 8,500. Terms: 30/10, 15/20, 5/30.

Sold merchandise on credit on the amount of p 15,200. Terms: 5/15, 3/10, n/30.

Merchandise sales on account, P 4,200. Terms: 20/5, 10/15, n/30.