Balita Stores controls its disbursements through a voucher system. The following 3. List the unpaid vouchers, and compare the total with the balance of the vouchers Problem #7 Voucher System transactions occurred during Jan. 2018: Jan. 1 Issued check no. 701 in payment of voucher no. 600 to Calayag Company, P9,310. The voucher was recorded on Dec 31, 2018 for P9,500. A 2% discount was taken 1 Recorded voucher no. 601 payable to Cruz Realty for January rent, P9,250. 2 Recorded voucher no. 602 payable to Dorega Suppliers for merchandise purchased, P8,000; terms 2/10, n/30. 3 Issued check no. 702 in payment of voucher no. 601. 5 Recorded voucher no. 603 payable to Espiritu Bookstore for P6,000 worth of office supplies; terms 2/10, n/30. 7 Recorded voucher no. 604 to Giron Freight Company for freight on merchandise purchased, P700. 10 Issued check no. 703 in payment of voucher no. 602 less discounts. 12 Issued check No. 704 in payment of voucher No. 603. 15 Recorded voucher no. 605 payable to Ligeralde Business Machines, for store equipment, P15,000; terms 2/20, n/60. 18 Issued check no. 705 in payment of voucher no. 604. 22 Recorded voucher No. 606 payable to Macapagal Traders, for merchandise purchased, P8,500; terms 2/10, n/30. 26 Recorded voucher No. 607 payable to Matias Power for utilities expense, P2,560 26 Issued check No. 706 in payment of voucher no. 607. 28 Received credit memo for P1,500 from Macapagal Traders for merchandise returned. Canceled original voucher no. 606 and issued voucher no. 608. 28 Issued check no. 707 in payment of voucher no. 605. 31 Recorded voucher no. 609 payable to Burgon Wholesalers for merchandise purchased, P7,350; terms 2/10, n/30. Required: 1. Open the following accounts: Cash in Bank (110), P134,000; Office Supplies (170). P2,300; Store Equipment (180), P95,000; Vouchers Payable (210), P9,500; Purchases (510); Purchases Returns and Allowances (520); Purchases Discounts (530) Transportation in (540); Rent Expense (610); and Utilities Expense (620). 2. Record the transactions in a voucher register and a check register, and post amounts to the accounts. payable account