Mr. George dela Pena, the owner of Ishikawa Consultancy Services started business on June 1, 2019. The following chart of accounts was visible in the books of George dela Pena, as well as the transactions. Your task is to complete the matrix provided to you. (117 points) Chart of Accounts Assets: Owner's Equity: Dela Pena, Capital Cash on Hand Accounts Receivable Dela Pena, Withdrawal Revenue: Supplies Inventory Prepaid Rent Prepaid Insurance Consultancy Services Revenue Expenses: Permits and Licenses Furniture and Equipment Utilities Expense Liabilities: Accounts Payable Notes Payable Transportation Expense Miscellaneous Expense Salaries Expense The following transactions were completed during the month: In- Date June Transactions De creaso Amount crease Invested cash Php, 150,000.00 Accounts Affected Cash on Hand Dela Pena, Cap 150000 150000 2 3 Paid one year advance insurance, Php 12,000.00 Purchased supplies on account, Php 5,000 Paid installation of utilities, Php 2,500.00 4 5 Paid permits and licenses, Php 1,500.00. 6 7 Paid advance rent for the month, P3,500.00 Purchased office furniture on account, Php 25,000.00 Rendered consultancy services for cash, Php 10,000 8 9 11 Had a meeting with a client and spent Php 1,000.00 cash (miscellaneous expense) Transportation expense incurred in meeting with a client, php 150.00 Rendered consultancy services on account, php 7,500.00 Paid the account on June 3 15 18 20 21 Rendered consultancy services amounting to Php 25,000.00. Only Php 10,000.00 cash was received. The balance was on account. Purchased supplies and materials on account, Php 5,000.00. A promissory note was issued. Received a bill for utilities utilized during the month, Php 5,000.00 Collected the account on June 15 23 25 26 Withdrew Php 5,000.00 for personal use. 28 Paid utilities for the month (refer to the bill on June 23.) Paid salaries to office staff, Php 6,000.00 31