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Journalize each transaction Maurice Sabio is a financial planning consultant. She completed the following transactions during the month of December of the current year: Dec
Journalize each transaction Maurice Sabio is a financial planning consultant. She completed the following transactions during the month of December of the current year: Dec 1 Sabio invested cash in the business, P200,000 3 Paid December office rent, P10,000 4 Received P25,000 from a client, Rowen Carpio, for service rendered. 7 Received P 20,00 from Olive Oabel, a client for service rendered. 12 Paid cash to Shell Super Service for gasoline purchase, P600 14 Paid cash to Tulungan manpower Service in payment for contractual secretarial services during the past two weeks P6,000 17 Bought office supplies on account P2,800 20 Paid telephone bills P1,000 21 Sabio withdrew cash for personal use P11,000 Donated cash to the Phil. National Red Cross, P1,000 27 Received P20,000 from Vivian De Guzman, a client for services rendered. 28 Paid electric bill, P750 29 Made partial payment on supplies purchased on account, P1,000. 24
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