Activity 2.Encircle the letter of your choice.Show your solution at the side. CASH IN BANK P 250,000 UNEARNED INTEREST INCOME 10,000 ACCOUNTS PAYABLE 100,000 SUPPLIES INVENTORY 80,000 ACCRUED SALARIES EXPENSE 15,000 PRETTY CASH FUND 5,000 PREPAID RENT 20,000 ACCOUNT RECEIVABLE 85,000 ESTIMATED UNCOLLECTIBLE ACCOUNT THE (1,000)
how much is the owner's equity? a.P314,000 b.P320,000 c.P345,000 d.P370,000
