Journalize all transactions

April 2020 TRANSACTIONS 1 Mr. Coronado made the following investments: Cash in Bank 350,000 Furniture and Fixtures 100,000 3 Bought office equipment on account from Yap Corp. and issued a promissory note, P200,000. 4 Bough store supplies inventory on account from Duga , Inc. amounting to P10,000. 5 Bought merchandise inventory for cash , P70,000. 7 Sold merchandise for cash P15,000. 10 Bought merchandise inventory on account from Ong Trading, P35,000. Term: 2/10, n/30. 11 Merchandise sold last March 7 amounting to P1,500 was returned by the customer. 15 Sold merchandise on account to Delfino Corp.,P20,000. Term: 3/10,n/30. 16 Bought merchandise for cash P50,000 and freight of P1,000. 17 Sold merchandise, P20,000 and paid freight of P2,000. 18 Return merchandise amounting to P5,000 purchased last March 5. 19 Paid our account related to March 10 transaction. 22 Paid rental for the month, P10,000. 23 Merchandise sold last March 15 amounting to P1,500 was returned by the customer. 24 Collected our account of March 15. 26 Bought merchandise on account from Duhig Co., P15,000. Paid freight of P1,000. 27 Bought merchandise on account from Amotan, Inc., P25,000 and was given a 5% trade discount. Term 2/10,n/30. 28 Sold merchandise on account P55,000 and gave a 2% trade discount. 29 Paid lights and water bills, P5,000. 29 Paid advertising expense, P3,500. 30 Paid salaries of P25,000 for the month of March. 30 The owner withdrew P5,000 from the business. 30 Merchandise inventory at the end of the month is 166,000. Additional Information for Adjustments at the end of the month: 31 Unused store supplies inventory at the end of the month amounted to P6,000. 31 5% of the Receivable balance at the end of the month is doubtful of collection. 31 Straight-line depreciation method is used in computing depreciation expense. The following data are available to compute depreciation for the month: Lifein yr) Salvage Value Furniture and Fixtures 10% Store Equipment 10% 5 5 GENERAL JOURNAL (PAGE 1) PARTICULARS P.R DEBIT CREDIT DATE April 2020