Jan. $1$ Mr$.$ Lok deposited $P880,000$ in the account of the company. He also invested a computer valued at $P67,000.$

$2$ Consultancy services rendered to Mongolia Corp. on account, P $75,000.$

$3$ Bought $P700,000$ worth of transportation equipment from Mitsubishi on account.

$7$ Consultancy services rendered form various clients for cash, P $190,000.$

$15$ Consultancy services rendered from Codak $C0$ on account, $P32,000.$

$16$ Paid Mitsubishi Motors in full

$18$ Collected P $15,000$ from Codak Co$.$

$20$ Received water bill, P $980.$

$28$ Paid electricity for the month, P$2,540.$

Chart of Accounts

Cash

Accounts Receivable

Transportation Equipment

Office Equipment

Accounts Payable

Lok Capital

Consultancy fee

Utilities Expenses

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