II$.$

The Abad Santos Trading Co$.$ installed a voucher system on April $1,2012$ as part of its program to strengthen control over cash payments. The following accounts payable for merchandise were closed and individually vouchered $($start with Voucher No$.10).$

During the month of April $2012,$ vouchers were prepared and check were issued for the following transactions:

April $2$ Received goods from Marikina Fish Co$.$ P$7,000.$ Invoice No$.1111.$

Terms: $1/10,$ n$/30($Voucher No$.13).$

$3$ Bought office table from Pacific Office Machines P$6,000,$ Invoice No$.2022,$ Terms n$/60($Voucher No$.14).$

$4$ Purchased merchandise from Derby goods, Inc. P$19,000,$ Invoice No$.3712.$ Terms P$9,000$ down payment per check no$.099,$ balance in $30$ days $($voucher $15$ and $16).$

$4$ Issued check no$.100$ to Juana Sandoval in payment of voucher no$.10.$

$5$ Freight bill on office table bought from Pacific Office Machine was paid to LBC rucking P$500,$ Invoice No$.1619.($Voucher no$.17$ and check no$.101).$

$7$ Paid monthly rental of P$10,000$ to RST Realty, Invoice No$.1948.($Voucher no$.18$ and check no$.102).$

$8$ Cash purchases of merchandise P$12,000$ from ABC Co$.,$ Invoice No$.1738.($Voucher no$.19$ and check no$.103).$

$10$ Purchased office supplies from Alemar's with an invoice price of $P2,000$ less $2\%$ trade discount per Invoice No$.1979.($Voucher number $20$ and check no$.104).$

$15$ Prepared voucher no$.21$ for payroll of P$50,000$ less P$5,000$ with holding tax and issued check no$.105$ in payment thereof

$18$ Bought merchandise from Steel Enterprises, Invoice no$.7832$ for P$10,000$ Terms $1/20,$ n$/60.($Voucher No$.22)$

$19$ Freight bill on the above was paid to BCD Delivery Service P$800$ per Invoice No$.7699.($Voucher no$.23$ and check no$.106)$

$20$ Bought office chairs from Pacific Office Machines P$3,000$ less $2\%$ trade discount Terms n$/30$ per Invoice No$.2333.($Voucher No$.24)$

$25$ Bought office supplies from National Bookstore P$5,000.$ Invoice No$.9988.$ Terms $1/10,$ n$/60($Voucher No$.25).$

$26$ Returned defective office supplies to National Bookstore P$500($cancel voucher no$.25$ and prepare voucher no$\mathrm{.}26)$

$30$ Prepared voucher no$.27$ for payroll of $P50,000$ less SSS premium payable of $P1,500$ and issued check no$.107.$

Required:

Record the above transactions in the voucher register providing columnar headings for Vouchers Payable, CR; Purchases, DR; Office Furniture DR; Office Supplies, DR; Sundry, DR and CR in the check register.

Add the columns of the voucher register and check register and post to $T-$accounts.

Prepare a schedule of vouchers payable.

Prepare a T$-$account for Vouchers Payable and post all transactions affecting this account. Determine the balance. The balance must equal to the total of the schedule of Vouchers Payable.