38. The following Changes in Owner's Equtiy of an Entity took place for the period from January 1 to December 31, 2020: * Owner's Equity, Ending Owner's Equity, Beginning Increase in Owner's Equity...


38. The following Changes in Owner's<br>Equtiy of an Entity took place for the<br>period from January 1 to December<br>31, 2020: *<br>Owner's Equity, Ending<br>Owner's Equity, Beginning<br>Increase in Owner's Equity<br>p900,000<br>800,000<br>P100,000<br>The following were the operating results:<br>Revenue<br>P 90,000<br>Cost and Expenses 60,000<br>If withdrawal of P20,000 was in form of Cash, how much represents additional investment?<br>O A. P60,000<br>О В. Р70,000<br>О С. Р80,000<br>О D. Р90,000<br>

Extracted text: 38. The following Changes in Owner's Equtiy of an Entity took place for the period from January 1 to December 31, 2020: * Owner's Equity, Ending Owner's Equity, Beginning Increase in Owner's Equity p900,000 800,000 P100,000 The following were the operating results: Revenue P 90,000 Cost and Expenses 60,000 If withdrawal of P20,000 was in form of Cash, how much represents additional investment? O A. P60,000 О В. Р70,000 О С. Р80,000 О D. Р90,000

Jun 02, 2022
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