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DATE The following T accounts contain number entries of Kimi Warren, scuba driver instructor, for the month of October. She rents out scuba diving equipment
DATE The following T accounts contain number entries of Kimi Warren, scuba driver instructor, for the month of October. She rents out scuba diving equipment and accompanies the divers for a fee. Post to Taccounts the numbered transactions that took 4 place a 1. Kimi invested P50,000 in cash 2 Purchased supplies on account, P3,000 3. Purchased scuba diving equipment P40,000. Paid P20,000 and issued a note for the balance 4. Received P60,000 in cash for services rendered 5. Paid P1,500 on the supplies bought 6. Rendered services P50,000 and collected 50% in cash, the balance duc within 10 days. 7. Paid for utilities expenses, P25,000. 8. P2,000 of the supplies were used up 9. Collected P10,000 on the customers' accounts Cash Notes Payable Accounts Receivable Warren, Capital Supplies Professional Fees Scuba Diving Equipment Utilitics Expense Accounts Payable Supplies Expense Extract the balances and prepare a trial balance in good form
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