Hi, I need help on what is the answer for letters A and B. I just have the Journal entries for it. I hope that you can help me

Instructions: Answers and solution must be written in a yellow pad paper. Scan or take a photo of your answers and it thru our google classroom or thru my email. PROBLEM 1: Given below are selected transactions for January for Leo Garcia, landscaper: 2 Invested Php. 100.000 cash to start the business 3 Paid Php. 6,900 cash for advertising and Php. 10,000 for rent 5 Purchased equipment. 50% of which was in cash Php. 25,000 and the balance with a note payable in two installments 11 Billed customers Php. 22,500 for services performed. Collected $01%% from them. 16 Purchased materials and supplies on account for Php. 7.000 20 Received Php. 10,000 cash from customers billed on January II 25 Paid for the first installment due on the note 28 Withdrew Php. 5.000 for food spent in entertaining friends 30 Used up Php. 5,000 of the material and supplies purchased 31 Received bills from PLDT Php. 2.000 and MERALCO Php 3,000 a. Open T-accounts based on the following Chart of Accounts: 101 - Cash 102 - Accounts Receivable 103 - Materials and Supplies 201 - Equipment 301 - Accounts Payable 401 - Notes Payable 402 - Utilities Payable 501 - Garcia, Capital 502 - Garcia, Drawings 601 - Service Income 701 - Advertising Expense 702 - Rent Expense 703 - Representation Expense 704 - Supplies Expense 705 - Utilities Expenses b. Use the T-account, analyze the above transactions, post and foot the debit and credit side and extract the balances.Jan 2 - Debit Cash 100,000 Credit Garcia Capital 100,000 Jan 3 - Debit Advertising Expense 6000 Debit Rent Expense 10,000 Credit Cash 16,000 Jan 4 - Debit Equipment 50,000 Credit Cash 25,000 Credit Notes Payable 25,000 Jan 11 - Debit Cash 11,250 Debit Accounts Receivable 11,250 Credit Service Income 22,500 Jan 16 - Debit Material and Supplies 7,000 Credit Accounts Payable 7,000 Jan 20 - Debit Accounts Receivable 10,000 Credit Cash 10,000 Jan 25 - Debit Notes Payable 12,500 Credit Cash 12,500 Jan 28 - Debit Garcia, Drawings 5,000 Credit Cash 5,000Jan 30 - Debit Supplies Expense 5,000 Credit Material and Supplies 5,000 Jan 31 - Debit Utilities Expenses 5,000 Credit Utilities Payable 5,000