March 3 Paid two months rent deposit and one month advance, P40,500. March 5 Transferred to the business personal photography equipment valued at P129,000. March 7 Ordered additional photography equipment, P75,000 March 9 Purchased office equipment for cash, P54,000. March 10 Receive and paid two for the photography equipment ordered on March 7, P75,000. March 12 Purchased photography supplies on credit, P21,000. March 13 Received cash for previously unbilled portraits, P11,400. March 15 Billed customers for portrait, P22,500. March 19 Paid fifty percent of the supplies purchased on March 12, P10,500. March 25 Paid the electricity bill for March, P3,600. March 26 Paid the telephone bill for March, P2,100. March 28 Received payment from the customer billed on March 15, P7,500. March 29 Paid salaries to personnel, P12,000. March 30 Receive an advance payment from customer, P1,500 March 31 Withdrew P16,000 from the business for personal emergency. Required: 1. Prepare a financial transaction worksheet and compute the ending balances for all accounts. Use the following accounts: Cash, Accounts Receivable, Photo. Equipment, Office Equipment, Supplies, Prepaid Rent, Accounts Payable and Ramos, Capital 2. Prepare a statement of financial position