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BISI Trading Corporation was formed in January 2022 with a registered capital of P 500,000 and paid-up capital of P 300,000, operating in Baclayon as a VAT-registered entity. The corporation prepares monthly financial statements and maintains a detailed chart of accounts, including various assets, liabilities, and equity accounts. As of August 31, 2022, the post-closing trial balance shows total debits and credits of ₱ 715,540.
- Author
- Cathrisse Valerie Enriquez
- Language
- EN