During the first month of operation, FDN Storage Company, which specializes in storage services, completed the following transactions: Date Transactions Faith D. Nakpil, owner of FDN Storage Company, invested in her business the following: Cash, P500,000 and old furniture and shelves originally costing P150,000 but with a fair market value of P100,000 at the time of investment. 2023 Apr 2 3 Purchased various equipment from Office Warehouse. Three (3) laptops amounting to P100,000 each, and shelves amounting to P165,000. Terms as follows: 20% down payment, issuing Check #001, and the balance with a 60-day non-interest bearing note. Received Invoice #614 from Office Warehouse. One of the laptops were purchased for the use of Faith D. Nakpil's daughter for online class purposes. Faith decided to pay this laptop using her personal money. Purchased various supplies from Nx Supplies, for P15,000, payable in 15 days. Received Invoice #605 from Nx Supplies. 4 7 Received P100,000 in cash from Four Flats Corporation for storage service. Issued Invoice #001 and Official Receipt #001. 8 Issued Invoice #002 to Sycip Sports Center for storage service, P150,000, payable by client in 30 days. 9 Returned defective supplies worth P1,500 to Nx Supplies. Received Credit Memo #37 from Nx Supplies. 13 Received P75,000 in cash from Chan Lee Photography Studio as storage fees. Issued Invoice #003 and Official Receipt #002. 15 Paid employees' salaries, P100,000, issued Check #002. 17 Won a bid for the client, MAG Foods Co. Expected storage fees amounting to P155,000 and first day of engagement will start on May 5, 2023. 19 Paid for electric repairs, P15,000, issued Check #003. 20 Purchased various pens, bond papers and printer ink from A4 Supplies, for P25,000, on terms: 30% down payment, issuing Check #004, and the balance payable in 15 days. Received Invoice #130 from A4 Supplies. 23 Faith D. Nakpil withdrew P25,000 cash for personal use, issued Check #005. 24 Paid the account due to Nx Supplies, issued Check #006. 25 Issued Invoice #004 BAS BCN for storing large machineries, P245,000, payable by client on terms: 50% down payment, balance payable in 30 days. Issued Official Receipt #003 for the down payment received from the customer. 26 Collected P40,000 from Sycip Sports Center; issued Official Receipt #004. 27 Faith D. Nakpil made a partial payment amounting to 50% of the note issued to Office Warehouse, using her personal funds. 28 Paid Meralco bill amounting to P15,000, water bill amounting to P5,000 and Globe internet bill P20,000, issued Check #007. 29 Paid the rent for the month, P100,000, issued Check #008. 30 Paid employees' salaries, P100,000, issued Check #009.

Prepare the ff:

Journal entries, ledger postings, and Trial Balance

During the first month of operation, FDN Storage Company, which specializes in storage services, completed the following transactions