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  • 4654654456454

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    Nayeon Lim
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    The document provides selected balance sheet accounts for branches A and B of the Amorsolo Company as of January 1, 2009 and December 31, 2009. It notes the inventory, accounts receivable, merchandise from the home office, cash collections, sales, and cash expenses for each branch. It also states that all sales, collections and expenses are handled at the branch, cash is sent to the home office, and expenses are paid from an imprest fund and reimbursed by the home office.

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    The document provides selected balance sheet accounts for branches A and B of the Amorsolo Company as of January 1, 2009 and December 31, 2009. It notes the inventory, accounts receivable, merchandise from the home office, cash collections, sales, and cash expenses for each branch. It also states that all sales, collections and expenses are handled at the branch, cash is sent to the home office, and expenses are paid from an imprest fund and reimbursed by the home office.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    136 views1 page

    4654654456454

    Uploaded by

    Nayeon Lim
    The document provides selected balance sheet accounts for branches A and B of the Amorsolo Company as of January 1, 2009 and December 31, 2009. It notes the inventory, accounts receivable, merchandise from the home office, cash collections, sales, and cash expenses for each branch. It also states that all sales, collections and expenses are handled at the branch, cash is sent to the home office, and expenses are paid from an imprest fund and reimbursed by the home office.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Selected bsdasdasalances from the Amorsolo Company’s Branches A and B are as follows: Branch A

    Branch B InventofDScDScSDary, Jan. 1, 2009 P21, 000 P19, 000 Imprest branch fund 2,000 1,500
    Inventory, Dec. 31, 2009 19,000 12,000 Accts. Rec., Jan. 1, 2009 55,000 43,500 Accts. Rec., Dec. 31, 2009
    70,000 53,500 Mdse. From home office 61,dfsfsDfsdf000 47,000 Cash collections 85,000 70,000 Sales
    100,000 80,000 Cash expenses 21,000 14,300 All sales, collections, and expenses are handled at the
    branch. All cash received from sales and collections are sent directly to the home office. Expenses are
    paid by the branch from the imprest fund and immediately reimbursed by the home office
    afwergawfgfnd credited to the home office account. All expenses paid by the brfasdfdsfanch are
    recorded in the branch books.

    Selected balances from the Amorsolo cdfsdg, 00SDc0 P19, 000 Imprest branch fund 2,000 1,500
    Inventory, Dec. 31, 2009 19,000 12,sffASf Accts. Rec., Jan. 1, 2009 55,000 43,500 Accts. Rec., Dec. 31,
    2009 70,000 53,500 Mdse. From home office 61,000 47,000 Cash collections 85sadfsdfs,000 70,000
    Sales 100,000 80,000 Cash expenses 21,000 14,300 All sales, collections, and expenses are handled at
    the branch. All cash recesadSZdASd ived from sales and collectionsf reimbursed by the home office and
    credited to the home office caccount. All expenses paid by the branch are recorded in the branch books.

    Selected balances frodsfsdfsdfsdfdm tsdhe Amorsolo Company’s Branches A and B are as follows:
    Branch A Branch B InZXcxzcventory, Jan. 1, 2009 P21, 000 P19, 000 Imprest branch fund 2,000 1,500
    Inventory, Dec. 31, 2009 19,000 12,000 Accts. Rec., Jan. 1, 2009 55,000 43,500 Accts. Rec., Dec. 31, 2009
    70,000 53,500 Mdse. From home officsdfsdfsdfSDf

    Selected balances from the Amorsolo Company’s Branches A and B are as follows: Branch A Branch B
    Inventory, Jan. 1, 2009 P21, 000 P19, 000 Imprest branch fund 2,000 1,500 Inventory, Dec. 31, 2009
    19,000 12,000 Accts. Rec., Jan. 1, 2009 55,000 43,500 Accts. Rec., Dec. 31, 2009 70,000 53,500 Mdse.
    From home office 61,000 47,000 Cash collections 85,000 70,000 Sales 100,000 80,000 Cash expenses
    21,000 14,300 All sales, collections, and expenses are handled at the branch. All cash received from sales
    and collections are sent directly to the home office. Expenses are paid by the branch from the imprest
    fund and immediately reimbursed by the home office and credited to the home office account. All
    expenses paid by the branch are recorded in the branch books.

    fe 61,000 47,000 Cashasdfasdfsf collections 85,000 70,000 Sales 100,000 80,000 Cash expenses 21,000
    14,300 All sales, collections, and expenses are handled at the branch. All cash received from sales and
    collections are sent directly to the home office. Expenses are paid by the branch from the imprest fund
    and immediately reimbursed by the home office and credited to the home office account. ZXcll expenses
    paid bdfy the branch are recorded in the branch books.

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