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From the below transaction, prepare the journal entry, t-accounts and trial balance Question 1 Oct 1 - Received cash , P 3.000.00, from the proprietor
From the below transaction, prepare the journal entry, t-accounts and trial balance Question 1 Oct 1 - Received cash , P 3.000.00, from the proprietor as additional capital 2- Bought on account one photographic equipment from Kodak Philippines In., P4,000.00. The equipment will be used in the studio 3 - Received cash, P750.00 from Josefina Montes in full payment of her account with us 4 - Paid cash, P 1,000.00 to Kodak Philippines Inc to apply on our account with them 5 - Bought for cash one sala set from Nicolas Furniture, Inc, P1,250.00, which will be used in the studio 6- Collected P740.00 from the Tru-Copy Printing Press Inc, in full payment of their account 7- Received one car worth P45,000.00 from the proprietor to increase his investment 8 - Purchased on account three screens (equipment) from the Manalang Advertising Co., P 1,500.00 9- Cash of P1,500.00 was received from Bernardo Reyes as part of his account 10 - Paid cash, P 1,600.00 to Williams Equipment Co as partial payment of our account with them 11 - A typewriter was purchased on account from Smith, Bell and Co Ltd., P850.00 to be used in the office 12 - Paid cash, P1,000,00 to Kodak Philippines Inc., to apply on our account 13 - Received cash, P690.00 from Lolita Banez as partial payment of her account with us 14 - Paid cash P 500.00, to Manalang Advertising Co to apply on our account. 15 - Paid cash, P 2000.00 to Smith, Bell & Co., as partial payment of our account
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