Ms. Brooh Hah decided to invest in the salon business and named her salon "The Broohah Luk Salon". The follow

salon's transactions for the month of November. Journalize The transactions and post the transactions to the T-ac

2020

November 2 Ms. Brooch invested P900,000 in the business.

5 Bought beauty equipment from Dis Gracia's Beauty Shop; P120,000 on credit.

Terms: 30% down payment and the remaining balance on account.

7 Paid one-half of the balance to Dis Gracia's and issued a note for the remainder

14 Purchased beauty salon supplies from D'Panots for cash, P3,000

16 Sold one-half of the Beauty Salon's supplies to Kay's Beauty Parlor for P1,500 cash.

17 Returned of defective supplies to D'Panots, P500. Refund will be issued after 10 days.

19 Full settlement of the note with Dis Gracia's Beauty Shop

20 Paid beauticians' salaries, P8,800

25 Received electric bill from Meralco, P3,600

27 Received the refund for the defective supplies returned to D'Panots

29 Ms. Brooch withdrew P10,000 worth of equipment for personal use.

31 Paid the electric bill to Meralco