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  • P1,500,000 + 500,000/2 1,000,000 1,000,000 Entry: Cash 1,000,000 Other Revenues 1,000,000

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    K Idols
    2 views1 page
    Intermediate Accounting 3

    Original Title

    IAS 3 PROB 1

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    Intermediate Accounting 3

    Copyright:

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

    P1,500,000 + 500,000/2 1,000,000 1,000,000 Entry: Cash 1,000,000 Other Revenues 1,000,000

    Uploaded by

    K Idols
    Intermediate Accounting 3

    Copyright:

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

    PROBLEM 1

    ₱
    P1,500,000 + 500,000/2= 1,000,000
    ₱
    AMOUNT OF PROVISION FROM LAWSUIT 1,000,000

    ENTRY:

    Cash 1,000,000

    Other Revenues 1,000,000

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