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C. Journalize the following selected transactions of ABBA Services for the month of February 2020. Feb. 1 ABBA made an additional investment of Php150,000 cash.
C. Journalize the following selected transactions of ABBA Services for the month of February 2020. Feb. 1 ABBA made an additional investment of Php150,000 cash. Feb. 4 Rendered services on account to Edna, customer, amounting to Php65,000; terms of 10%down and the balance at the end of the month Feb. 6 Paid the rental for the month, Php5,000 Feb. 10 Purchased office supplies from National Bookstore with cash Amounting to Php1,500 Feb. 15 Paid the salary of employees, Php15,000 Feb. 18 Rendered services for cash, Php 10,000 Feb. 20 Rendered services on account, Php40,000 Feb. 25 Collected the balance from Edna in Feb. 4 transaction Feb. 28 Withdraw Php500 for personal use Feb. 28 Paid the salary of employees, Php15,000 Feb. 28 Partial collection from Feb. 20 transaction, Php 25,000 Feb. 28 Paid the electric bill for the month, Php2,300
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