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I. Journalize the following transactions of Andrew Ang, owner of Class A Barber Shop. March 2 6 7 14 16 Mr. Andrew Ang invested
I. Journalize the following transactions of Andrew Ang, owner of Class A Barber Shop. March 2 6 7 14 16 Mr. Andrew Ang invested P 225,000 in the business. Purchased barber shop equipment from Todd's Merchandising P100,000 paying 50% on account and the balance within 10 days. Bought supplies for the barber shop from D' Cutting Edge P30,000 on credit. Paid Todd's Co. in full. Withdrew P45,000 cash for personal use 17 Partial payment made to D' Cutting edge P 12,000 19 Paid worker's salaries P3, 800 20 Paid telephone bill P900 25 Bought office furniture from Blim's P30,000 on account. 28 Partial settlement of account to Blim's P10,000 31 Full settlement of account to Cutting Edge. II. Post the transactions in the Ledger. III. Prepare an Unadjusted Trial Balance
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