
Basic Bookkeeping Workshop Day 5 9

Lecture1.1

Lecture1.2

Lecture1.3

Lecture1.4

Lecture1.5

Lecture1.6

Lecture1.7

Lecture1.8

Lecture1.9


Basic Bookkeeping Workshop Day 6 7

Lecture2.1

Lecture2.2

Lecture2.3

Lecture2.4

Lecture2.5

Lecture2.6

Lecture2.7


Basic Bookkeeping Workshop Day 7 7

Lecture3.1

Lecture3.2

Lecture3.3

Lecture3.4

Lecture3.5

Lecture3.6

Lecture3.7


Basic Bookkeeping Workshop Day 8 7

Lecture4.1

Lecture4.2

Lecture4.3

Lecture4.4

Lecture4.5

Lecture4.6

Lecture4.7


Basic Bookkeeping Workshop Day 9 8

Lecture5.1

Lecture5.2

Lecture5.3

Lecture5.4

Lecture5.5

Lecture5.6

Lecture5.7

Lecture5.8

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1 Comment
Clarification for Assignment Answer:
f. On December 1, the company issued a 90day, 12% note for P200,000. The interest on the note is payable on maturity(Use a 360day year)
Formula to get the Interest Expense;
90%360x.12×200,000 equals INTEREST EXPENSE then divided in 12 to get the one month and
your answer is 2,000 but if I calculate that for your given formula, my answer is 500.
can you help me with this? thank you po.