Fixtures Accounts Payable Matutina, Capital Matutina, Drawing Ms. MATUTINA owned a business named MATUTINAS'S GENERAL MERCHANDISE and had the following transactions for Income Summary Sales the month of February, 2021. February 2 Matutina invested P 500, 000 in cash in the business. ART OF ACCOUNTS for F February 4 Purchase goods worth P 455, 700 on Account from MAHARLIKA: Terms 2/10, n/30 Account Ti Cash and Cash Equival February 7 Purchase P 105, 800 worth of goods from MATINO on account, with terms 3/15, 2/25, n/30 Sold Goods to MAKABAYAN Management worth P 550, 400 in cash. The cost of the goods is P 180,900 Accounts Receivable February 10 Notes Receivable Merchandise Inventor February 12 The company returned P 20,000 worth of goods to Maharlika. Property, Plant and Eg Makabayan returned P 165, 120 worth of goods. Cost of the returned merchandise is P 54, 270 February 14 Accounts Payable Paid the following expenses: Salaries P 27,900; Advertising P 93, 780 and delivery P 85, 400 February 18 Matutina, Capital Sold Goods to MATIKAS Inc. P 690,800 on account. The cost of Goods I P 289, 590 February 19 Matutina, Drawing February 21 Paid Matino on account icome Summary les February 24 Collected 30% of the account of Matikas Inc. les Discount February 25 Withdrawal made by the company, P 55, 890 Purchased Goods worth P 190, 800 in cash and Sold the goods to a customer in Cash, P 450, 700. les Returns and Allo February 27 1. JOURNALIZATION: GENERAL JOURNAL Credit