Yes Or No Flashcards
Payment of family’s medical expense
No
Received cash for services rendered to clients
Yes
Payment of rice and fish for family’s consumption
No
Withdrawal of cash from the business
Yes
Enters into advertising contract with GMA
No
Investment of computer equipment to the business
Yes
Payment of government taxes and licenses
Yes
Registration of business name to Department of Trade and Industry
No
To employ an accountant with a salary of P35,000 per month
No
Death of the owner within the premise of the business
No
Salaries paid to house helpers
No
Gives support to an election candidate
No
Loss incurred due to theft and robbery
No
The commercial building was razed by fire
No
Vacation and sick leave paid to employees
Yes
Personal accident insurance of the manager
No
Payment of company’s vehicle registration
Yes
Payment of company’s car insurance
Yes
Received a purchase order document from customer
No
Registration of government vehicle
No
