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Fay Fedor started a delivery service, Fed Deliveries, on July 1. 2018. The following transactions occurred during the month of July: July She contributed P 100,000 cash 2 Purchased a used van for deliveries for P 120.000 by paying P 20.000 cash and signed a two-year notes payable for the remaining balance 3 Paid P 15,000 for office rent for the month 5 Delivery services amounted to P 44,000. Half on account 9 Cash of P 2.000 withdrawn by Fay 12 Purchased supplies for P 1,500 on account 15 Received cash of P 12,500 for services provided on July 5 17 Purchased gasoline for P 7,500 on account 20 Received P 15 000 from customers of which P 5,000 was for past accounts 23 Made cash payment of P 25,0:00 on the note payable 26 Received bills for utilities P 5,000 but paid only P 2,500 20 Paid for the gasoline purchased on account on July 17 10 Paid P 30,000 for employees salaries. A third of supplies remained on hand Requirements: a. Open your own Chart of Accounts b. Analyze the transactions above and journalize your entries in a General Journal

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