II. Journalize, Post and Make an Adjusted Trial Balance. Ted's Messengerial Services Trial Balance As of September 30, 2009 Credit Debit 102,350 124,200 2,400 21.000 4.000 8.100 25.000 50,000 Cash Account receivable-trade Office supplies Office equipment Furniture & fixtures Prepaid advertising Accounts payable-trade Notes payable Ted's Drawings Ted's Capital Service income Advertising expense Light & water expense Telephone expense Salaries & wages expense Representation expense Repairs & maintenance expense Total 10,000 50 000 165.330 1,000 500 1.800 11 900 2,000 1.080 290,330 290 330 Following are the transactions for the month of October 2009 August 1 1 2 3 2 5 5 Purchased office supplies paying cash for P13,00 Hired a new employee to receive P15,000 per month Made additional investment in the amount of P100.000 Invested his personal car, a Toyota Vios, he purchased two (2) years ago for P550,000 and a current market value of P320.000 Paid rent for the month P10.000 Received cash from various customers for services rendered P21,220 Rendered service to Benpros Inc. on account for P19.000 receiving a Proinissory note Paid half-month salary of his employee Paid Meralco bill for P110, PLDT for PI 800 and Maynilad for P267 Purchased 2 motorcycles for the messengenal services paying 10% down payment amounting to P50,000 and the balance payable within six months 15 18 19 24 28 31 Collected 50% of the Beapros Inc outstanding balance Received 5% down payment of P10 000 for service rendered and the balance payable within 30 days Paid half month salary of his employee Recerved billing form Meralco - PS07, Mayala - P124 PLDT-P800 Office supplies used - P1.750