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P1.MB5.14
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P1.MB5.14
EXCEL PROFESSIONAL SERVICES, INC. . C C&( %+ 1,200,000 +(y !%*! !&-4 #&!&+($ J#y 1 + D*-*"* 1, 201. I -*-&( (&% &%* -?#(!(&( ' !#"!(+(y -y ( J#* 2012, C (! *?#(*+ & (!!#* 50,000 ++(&(/ +(y !%*! J#/y 1, 2013, & &%* '* *! ' &%* !#"!(+(y. C (+ P200,000 ( *'**-* !%* +()(+*+! ( 201, + *&*+ '(& ' P,300,000 ' &%* y*. C! +(/#&*+ *($! * !%* ' 201 !%#/+ "* . P2.8 -. P2.=6 ". P2.62 +. P2.5= 30. R, I-. (+ P6,200 & ** (&! /y (!#-* /(-y ' &%** y*! M-% 1, 201, &%* *''*-&()* +&* ' &%* /(-y. A& M-% 1, 201, R! #+@#!&*+ &(/ "/-* !%*+ "/-* ' P00 ' *(+ (!#-* + P6,200 ' (!#-* **!*. %& #&! !%#/+ "* *&*+ ' *(+ (!#-* + (!#-* **!* ( R! '(-(/ !&&**&! ' &%* &%** &%! *+*+ M-% 1, 201 Prepaid insurance Insurance expense . P6,000 P00 ". P6,000 P500 -. P6,200 P00 +. P6,00 P200 31. O D*-*"* 1, N(!(&% Cy &*+ &%* '//($ &!-&(! &%& --#*+ +#($ 2013, !* // ' %(-% ($%& *?#(* +@#!&*& & &%* "4!. . Py*& ' P2,00 & !#/(*! ! +* ' #-%!*! --#& +#($ &%* y* + ! & *-+*+. ". B#(/+($ + /+ ** #-%!*+ J#y 2 ' P165,000. T%* "#(/+($! '( 4*& )/#* ! P120,000 & &%* &(* ' #-%!*. T%* "#(/+($ (! "*($ +**-(&*+ )* 20:y* /('* #!($ &%* !&($%&:/(* *&%+, !!#($ !/)$* )/#*. -. O' &%* P3,000 ( A--#&! R*-*()"/*, 2.57 (! *!&(&*+ & "* #-//*-&("/*. C#*&/y, A//-* ' B+ D*"&! !%! +*"(& "/-* ' P3=0. +. O A#$#!& 1, P30,000 ! /*+ & -#!&* =:&% &* (&% (&**!& & #/ &* ' 127. *. D#($ 2013, N(!(&% *-*()*+ P8,500 ( +)-* ' !*)(-*!, 807 ' %(-% (// "* *'*+ ( 2015. T%* P8,500 ! -*+(&*+ & !/*! *)*#*. '. T%* (&**!& **!* --#& ! +*"(&*+ ' // (&**!& -%$*! (-#*+ +#($ &%* y* + !%! "/-* ' P1,100. H*)*, ' &%(! #&, P=00 **!*&! +(!-#& =0:+y &* y"/*, +#* J#y 0, 2015. T%* *& *+#-&( ( *&*+ *& (-* ! *!#/& ' &%* *?#(*+ +@#!&*&! (! . P13,610 -. P11,810 ". P10,80 +. P ,810
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P1.MB5.14
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done, check your answers. Good luck on the actual examination!
Page 7 of 7
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P1.MB5.14
