Make statement of performance: multi step/functional form and financial position

Perpetual Inventory System Sonic Supplies, a newly opened trading business owned by Sonny Icasiano, completed the following transactions in the month of October 2017. Oct 1 The owner invested an initial amount of P25,000 to his newly opened business. 3 Received cash loan from a local bank worth P 15,000 covered by a promissory note. 4 Purchased merchandise from Regional Trading, P 13,600-terms: 2/10, n/30, FOB Shipping Point, P 250. 6 Bought office supplies in cash, P 900 7 Sold merchandise on account, P 14,300 - terms: 2/10, n/30, FOB, Destination - P 300 . The cost of goods sold was P 10,000. 8 Received credit refund from Regional Trading for defective merchandise, P400. 10 Purchased office equipment on account, P 12,000. 12 Purchased merchandise in cash, P 12,700. 14 Paid Regional Trading in full for goods bought. 15 Paid the salaries of store assistant, P 2,000. 16 Received cash refund from supplier for defective goods bought on Oct 12, P 350 . 17 Received full payment from customer of Oct 7. 18 Paid in full the office equipment bought on Oct 10. 19 Bought merchandise from National Distributors, P 11,900 - terms: 2/10,n/30. FOB, Shipping Point, P 200. 20 Owner withdrew cash for personal use, P 3,000. 22 Sold goods to cash customer for P16,300. The cost of goods sold was P 12,200. 24 Purchased goods on account from Horizon Inc., P 13,100-terms: 2/10, n/30. 26 Gave refund to cash customers for defective goods, P 450. 28 Paid National Distributors partial payment of P7,000 in cash. 30 Paid the following expenses: salaries P 2,000; rent, P 4,500; and utilities, P 850. 31 Sold merchandise on account, P 14,800. Cost of goods sold was P 10,300