Holland Law Firm IS OWNED BY
OTTY. HOL Lano. THE Ballance OF
ATTY. HOL Land's capital as of
January 1, 2016
IS P1,800,000.
DURING THE YEAR HE INVESTED
additional cash Of P450,000 in
THE Business, also Holland Law Firm
EARNED P 168,500 OF NET income
Finally HE WITHDREW P112,500.
1. How mucH IS THE BallancE OF
ATTY. Land's capital Ballance as
OF DECEMBER 31, 2015?
Share
1,800,000+450,000+168,500-112500=
2,306,000
tignan mo Yung year mo Mali ata
pero pag Tama Ang sagot Jan is 1,800,000
accounting is real haha