4 Journalizing and Posting Journal entries and T-accounts of each problem

On July 1, 2020, Paul Brite started a TV repair business. July 1 He invested P50,000 in cash to start his business. 3 Purchased for cash shop supplies costing P3,500. 5 Brite bought from A&G Company repair equipment costing P20,000 on credit 8 Customers paid P12,000 cash for repair services rendered 10 Brite made a partial payment to A & G Company, P15,000. 12 Customers were billed on account P14,000 for repair services rendered. 14 Rental for the month of July was paid, P6,000. 17 Collected P8,000 from the customers as payment of their accounts. 19 Paid wages of assistant helper for the month of July. P4,000. 22 Bought additional shop supplies costing P7.500. A down payment of P3,000 was made and the balance is payable at the end of the month. 25 Repair services rendered P9,000. Received P4,500 as partial payment. 28 Repair supplies bought for cash and used for repairs amounted to P6,500. 31 Brite withdrew P10,000 for his personal use