Journal Entry of this

serve the needs of farmers in the rural areas of Dipolog City. With a given chart of accol opera Transactions for the month: April 1-Mr. Edgar Esparaguera invests cash of P100,000. He deposited the P99,000 in Land Bank and kept the P1,000 as petty cash fund to pay for smal expenses.' He also invests a Satake Rice Mill which includes installation cos worth P P 50,000 and Furniture amounting to P80,000 for a total investment of P1,130,000. 3- Purchased diesoline worth P15,000 account from Caltex Philippines. 5 - Paid licenses and business permits to the city government, P2,800. 7 - Salary advance of an employee deductible from payroll, P3,000. 8 - Paid minor repairs, P500. This was taken from the Petty Cash Fund. 14 - Received cash for milling services, P9,000. 18 - Withdrew P8,000 cash for personal use. 20 - Rendered milling services to Zamboanga Traders on account, P18,000. 23 - Paid in full the account with Caltex Philippines, P15,000. 27 - Collected partially the account of Zamboanga Traders, P10,000. 28 - Received cash in advance but service is still to be rendered, P7,000. 29 - Paid light and water for the month, P8,000. 30- Total payroll for the month, P15,000 less salary advance of P3,000. - Billed Dipolog Farms for milling services rendered, P25,000. 182 serve the needs of farmers in the rural areas of Dipolog City. With a given chart of accol opera Transactions for the month: April 1-Mr. Edgar Esparaguera invests cash of P100,000. He deposited the P99,000 in Land Bank and kept the P1,000 as petty cash fund to pay for smal expenses.' He also invests a Satake Rice Mill which includes installation cos worth P P 50,000 and Furniture amounting to P80,000 for a total investment of P1,130,000. 3- Purchased diesoline worth P15,000 account from Caltex Philippines. 5 - Paid licenses and business permits to the city government, P2,800. 7 - Salary advance of an employee deductible from payroll, P3,000. 8 - Paid minor repairs, P500. This was taken from the Petty Cash Fund. 14 - Received cash for milling services, P9,000. 18 - Withdrew P8,000 cash for personal use. 20 - Rendered milling services to Zamboanga Traders on account, P18,000. 23 - Paid in full the account with Caltex Philippines, P15,000. 27 - Collected partially the account of Zamboanga Traders, P10,000. 28 - Received cash in advance but service is still to be rendered, P7,000. 29 - Paid light and water for the month, P8,000. 30- Total payroll for the month, P15,000 less salary advance of P3,000. - Billed Dipolog Farms for milling services rendered, P25,000. 182