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Generate a general journal using the accounts listed in Slide 51. (slide 50 ) (slide 51 ) List of Accounts for Exercise in Slide 50.

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Generate a general journal using the accounts listed in Slide 51. (slide 50 ) (slide 51 ) List of Accounts for Exercise in Slide 50. 1) 12/01 - M. Tan, invests P250,000 to start an internet caf business 2) 12/04 - M. Tan purchasc 5 sets of computer cquipment on crcdit amounting to P100,000 3) 12/05 - M. Tan buys computer supplies for cash worth P50,000 12/10 - M. Tuon pay his luxes and licenses amounting to P20,000 5) 12/12 - M. Tan obtained a bank loan for business use and receives P100,000 6) 12/24 - Customers pay cash for internet rental amounted to P5,000 7) 12/24 - Customers rendor printing services on account amounted to P4,000 8) 12/27 - M. Tan paid in full the computer equipment he purchased on account (see 2nd transaction) 9) 12/29 - M. Tan paid his monthly rental of P5,000 for the internet caf shop space 10) 12/29 - M. Tan pays salaries and wages of his statt and cmployees, P20,000 11) 12/29 - M. Tan collects its accounts receivables amounted to P4,000 from customers (see transaction 7) 12) 12/29 - Supplies amounted to P3,000 were used in business operation (see transaction 3) 13) 12/29 - M. Tan withdraws P25,000 cash for personal usc 14 12/30 - M. Tan invested additional cash capital amounting P50,000 Cash Accounts Receivable Computer Supplies Computer Equipment Accounts Payable Loans Payable Capital Drawing Internet Service Income Printing Service Income Salaries and Wages Rental Expense Computer Supplies Expense Taxes and Licenses ALISMENINO 79A Use MS Excel

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