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1. Investing - Invested Php 200,00 in a business 2. Paid Taxes and Licenses anounting to __________ 3. Bank Loan 4. 3 months rent 5.

1. Investing - Invested Php 200,00 in a business 
2. Paid Taxes and Licenses anounting to __________ 
3. Bank Loan 
4. 3 months rent 
5. Purchasing of Assets (Equipment/Furniture/others) - On credit - Acc. Payable 
6. Purchasing of Supplies - Cash 

Make a summary transaction

 

Massage bed - ?2,500 (each) 
Organic massage lotion and cream - ?1,000
Bolsters/pillows - ?2000
Massage ointments- ? 500
Towels - ?500
Ventosa glass - ?450(5cups in 1 set)
Ear candle - ? 1,200(10pcs.)
Hot stone- ? 1,500 (20pcs.)
Rent Expense - ? 45,000 (50sqm)
Advertising expense - ?10, 000
Utility Expenses - ?30,000
Massage supplies- ?5000
Salary expense - ?22,500
Other expenses - ? 6,000
Taxes and Licenses - Php 10,000 
Start up capital - ?179,424 or ?200,000

 

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