GREENFIELDS INTEGRATED SCHOOL STA. ROSA CITY SCHOOL SEATWORK/ACTIVITY NAME: DATE: SECTION: PROFESSOR: 1. Recording Transactions in a Financial Transaction Worksheet. Ruth Russell started Russell Industrial Spray Service on Apr. 1, 2014. During April, Russell completed the following transactions: A. Invested cash in the business, P60,000. B. Bought a service vehicle from CDO Motors for P112,500, paying P22,500 cash, with the remainder due in thirty days. C. Bought spray equipment on account from Misamis Company, P18,000. D. Paid rent for the month, P5,600. E. Paid cash for insurance on service vehicle for the year, P5,760. F. Received cash for spray services done on a building, P21,750. G. Bought supplies for cash, P5,730. H. Billed customers on account for services performed, P4,440. 1. Paid cash for utilities, P960. J. Received bill for gasoline used by the service vehicle during the month, P3,270. K. Receipts from cash customers, P16,420. L. Russell withdrew cash for personal use, P10,500. M. Paid salaries to employees, P20,400