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10:38 I. NAME YEAR AND SECTION DATE Cash Accounts Receivable Supplies Equipment. Emily Cruz completed the transactions below for the month of December, 20x1.
10:38 I. NAME YEAR AND SECTION DATE Cash Accounts Receivable Supplies Equipment. Emily Cruz completed the transactions below for the month of December, 20x1. The compai. the following chart of accounts: Furniture Accumulated Depreciation- Equipment Accumulated Depreciation- Furniture Accounts Payable Salary Payable Unearned Service Revenue Emily Cruz, Capital Emily Cruz, withdrawal Service Revenue Rent Expense Utilities Expense Salary Expense Depreciation Expense- Equipment Depreciation Expense- Furniture Supplies Expense. Dec 2: 3: 4: 5: 9: 12: 18: 21: 26: City College of San Fernando San Fernando, Pampanga Fundamentals of Accounting 28: 30: REQUIREMENTS: QUIZ#3 01 02 1. Journalize the transaction using a General Journal 2. Post to General ledger 03 04 05 06 07 15 16 17 20 21 25 26 27 28 29 30 041 31 3 Invested P120,000 to start an accounting practice, Emily Cruz, accountant Paid monthly office rent, P5,000 Paid cash for an apple computer, P30,000. The computer is expected to remain in service for 5 years Purchased office furniture on account P36,000. The furniture should last for fie years. Purchased supplies on account, P3,000 Performed tax service for a client and received cash for the full amount of P8,000 Paid utility expense P 2,000 Performed consulting service for a client on account P17,000 Received P9,000 in advance tax work to be performed evenly over the next 30 days Hired a secretary to be paid P15,000 on the 20th day of each month Paid for the supplies purchased on December 5 Collected P6,000 from the consulting client on December 18 Withdrew P16,000 for personal use
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