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L Dizon Flawless Beauty Shop decided to establish a new business with the following transactions for the month of July 2020: July 1 L. Dizon
L Dizon Flawless Beauty Shop decided to establish a new business with the following transactions for the month of July 2020: July 1 L. Dizon invested P5,000 cash for Flawless Beauty Shop, 3 Bought manicure sets and other toiletries for shop use P1,500. 5 Bought display cases, chairs, tables, I mirror and dryers on account from Realistic P2,000 6 Paid taxes and license for P300 cash. 12 Rendered services for cash P1,800 15 Paid rent for the month P200 cash 18 Rendered services on account to Access worth P2.000. 21 Bought additional dryers on account from William's Beauty shop for P2,000. 23 Paid the Philippine Inquirer P400 for advertisement 25 Paid Realistic P1,000 to apply on account 27 Collected from Access P500 to apply on account 29 The owner. L Dizon, withdraw P400 cash for personal use. 31 Paid the salaries and wages of employees for P500 cash. Required. Please prepare proper format of the general journal ledger and worksheet Chart Account || Cash 12 Accounts Receivable 13 Supplies 14 Furniture & Fixtures 21 Accounts Payable 31 Capital 32 Drawings 41 Service Income 51 Tax Expense 52 Rent Expense 53 Advertising Expense 54 Salary & Wage Expense
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