B C E F G y, a business established by Paul last October 1, 2017, had the following transactions for December 2018 1 Paul invested more resources for the business. He invested the following: Cash in Bank Office Supplies P450,000.00 50,000.00 2 Bought office furniture on account, #120,000.00 3 Bought more Office supplies on account, #30,000.00 5 Paid taxes, P5,000.00 8 Billed various customers for services rendered, P180,000.00 10 Received cash for services rendered, #60,000.00 11 Paid 60% of each account incurred on Dec 2 & 3 11 Received P60,000 as pre-collected income from XYZ Co. 13 Paid the salary of the worker, P18,000.00, representing 50% of the monthly salary 20 Received cash for services rendered, #45,000. 25 Paul withdrew P15,000 for personal use. 28 Paid 20% of the REMAINING account on furniture 30 Received cash as payment of account on December 8 billing, P60,000 31 Rendered service on account, P15,000 H transactions above. al entries using the T-Accounts format. Add these beginning balances in the following accounts before posting any journal Cash Office Supplies P120,000.00 Debit 30,000.00 Debit Prepaid Rent 120,000.00 Debit Prepaid Insurance 80,000.00 Debit Office Equipment 500,000.00 Debit Accumulated Depreciation - Office Equipment 7,500.00 Credit