Mr$.$ Nikola Tesla launched Tesla Supermart on December $1,20$x$1$ with a cash investment of $150,000.$ The following are additional transactions for the month:

$2$ Equipment valued at $20,000$ was given by Mr$.$ Tesla to his business.

$3$ Purchased supplies for $12,600$ on credit. Used asset method to record the transaction.

$4$ Purchased a $100,000$ service truck. A cash payment of $25,000$ was provided, and the remaining was given as a promissory note, payable in six equal monthly installments.

$6$ Purchased goods from Einstein Enterprises $50,000,$ Term, $3/15,$ n$/30.$

$8$ For the December $6$ transaction, a delivery fee of $1,500$ was paid.

$10$ Sold and delivered merchandise on account $45,000,$ Term, $2/10,$ n$/30.$ Cost of Merchandise, $30,000.$

$10$ Paid $900$ freight for December $10$ transaction.

$13$ Returned $7,500$ worth of damaged goods to Einstein Enterprises.

$15$ Paid salaries to employees, totaling $15,000$

$16$ Signed a promissory note for $30,000$ for long term loan obtained from Newton Bank.

$17$ Received $4,500$ worth of returned goods from customers on December $10.$ Cost of merchandise returned, $3,000.$

$18$ Paid $7,600$ of the amount owed from the purchase on December $3.$

$19$ Purchase additional goods from Galileo Supermarket amounting to $90,000.$

$20$ Received full customer settlement for the sale made on December $10.$

$21$ Account paid in full to Einstein Enterprises.

$22$ Goods costing $20,500$ was sold for $30,750.$

$26$ Cash received in the amount of $7,500$ and a promissory note in the amount of $30,000$ for goods sold to a key customer. The cost of the merchandise is $25,000.$

$27$ Mr$.$ Tesla took a cash withdrawal of $15,000$ from the business.

$29$ Paid $2,500$ in telephone expenses.

$30$ Paid building rentals for the month, $7,500.$

$30$ Paid the first installment of the note payable on Service Truck.

$31$ Paid Salaries $11,300,$ net of the following deductions: SSS$,380$; Pag$-$IBIG, $100$; Philhealth, $220$

The Merchandise Inventory at the end of the of the month is $60,225.$

Additional information for year$-$end adjustments.

$$ The useful life of the equipment is $5$ years with salvage value of $2,000$

$$ The useful life of the service vehicle is $10$ years with salvage value of $10,000$

$$ Remaining unused supplies worth $9,100.$

Chart of Accounts

Acct No$.$ Account Titles

$110$ Cash

$120$ Accounts Receivable

$130$ Notes Receivable

$140$ Supplies

$150$ Merchandise Inventory

$160$ Equipment

$170$ Accumulated Depreciation $-$ Equipment

$180$ Service Vehicle

$190$ Accumulated Depreciation $-$ Service Vehicle

$210$ Accounts Payable

$220$ SSS Payable

$230$ Pag$-$IBIG Payable

$240$ Philhealth Payable

$250$ Notes Payable

$310$ Tesla, Capital

$320$ Tesla, Drawings

$410$ Sales

$420$ Sales Returns & Allowances

$430$ Sales Discount

$510$ Purchases

$520$ Purchase Returns & Allowances

$530$ Purchase Discount

$540$ Freight In

$610$ Freight Out

$620$ Salaries Expense

$630$ Rent Expense

$640$ Telephone Expense

$650$ Supplies Expense

$660$ Depreciation Expense

$700$ Income Summary

Make journal entry, general ledger, preliminary trial balance, adjusting entries, adjusted trial balance, COGS, Statement of financial performance, statement of changes in equity, statement of financial position, statement of cash flow, post$-$closing trial balance.