Entity A had total assets and total liabilities of ₱120M and ₱75M, respectively, at the beginning of the period. During
Posted: Mon May 30, 2022 7:42 am
Entity A had total assets and total liabilities of ₱120M and
₱75M, respectively, at the beginning of the period. During the
period, Entity A earned total income of ₱60 and incurred total
expenses of ₱45. How much is Entity A’s ending total equity? show
your solution.
₱75M, respectively, at the beginning of the period. During the
period, Entity A earned total income of ₱60 and incurred total
expenses of ₱45. How much is Entity A’s ending total equity? show
your solution.