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Power Company presented the following data for 2021: January 1 Total assets Total liabilities O P400,000 O P600,000 Duri
Posted: Wed Jul 06, 2022 6:08 am
by answerhappygod
- Power Company Presented The Following Data For 2021 January 1 Total Assets Total Liabilities O P400 000 O P600 000 Duri 1 (95.05 KiB) Viewed 23 times
Power
Company presented the following data for 2021: January 1 Total assets Total liabilities O P400,000 O P600,000 During 2021, Power
Company issued additional share capital of P600,000 and paid dividends to shareholders on record of P400,000. The net income for the year 2021 would be OP800,000 P4,200,000 2,000,000 O P200,000 December 31 P6,300,000 3,500,000