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Design your own financial transaction worksheet and indicate the effect of each transaction bellow using the balance sheet equation. After each transaction is properly recorded,

Design your own financial transaction worksheet and indicate the effect of each transaction bellow using the balance sheet equation. After each transaction is properly recorded, compute new subtotals for the Assets, Liabilties and Owners Equity.
Example: owner invested P5,000,000 cash in a new business.
a. Acquired for P4,000,000 cash a commercial area to be used as business space.
b. Received P100,000 for services still to be rendered next month.
c. Paid P7,500 to an advertising agency for a newspaper ad.
d. Purchased P30,000 for supplies inventory on account.
e. Paid P12,000 to the supplier for inventory purchased in (d) and gave a note for the remaining
P18,000.
f. Loaned P35,000 to the owner and accepted his 45-day note.
g. Bought P5,000 of supplies for cash.
i. Then company agreed to buy two services vehicles six months from now for P600,000.
Answer all please thank you
This is the format
cash receivable inventories PPE Payable Capital Withdrawal Revenue and Expenses
the assets and liabilities & equity should be the same

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