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(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nemia Consuelo invests P200,000 in cash to start a laundry business on August 1. Purchased

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(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nemia Consuelo invests P200,000 in cash to start a laundry business on August 1. Purchased equipment for R50,000 paying + 30,000 in cash and the remainder due in 30 days. Purchased supplies for 5,200 cash. Received a bill from College News for 1,300 for advertising in the campus newspaper. Cash receipts from customers for cleaning and laundry amounted to + 6,400. Paid salaries of P 600 to student workers. Billed the UPV-CM Student Council 2 450 for cleaning and laundry services. Paid P 1,300 to College News for advertising that was previously billed in Transaction 4. Nemia Consuelo withdrew R 3,000 from the business for living expenses. Incurred utility expenses for month on account, R5,400

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