PETA #4 - Posting to the Ledger On an EXCEL file, Prepare the General Ledger and compute for the ending balance of the accounts given below that were used in the following transactions: Mr. Z went into a service business. He had the following transactions for the month of May 2020: May 2 Invested P750,000 cash in the business and P365,000 worth of office equipment. 2 Paid P5,000 business registration fees and licenses. 3 Purchased office equipment, on account, for P40,000. 4 Purchased supplies for P6,000. 4 Paid P15,000 rental for the month of the business office. 6 Received P40.000 cash 4 Paid P15,000 rental for the month of the business office. 6 Received P40,000 cash for the services rendered. 7 Rendered services on account, P50,000 13 Collected 50% on the services rendered last May 7. 15 Paid the P3,000 for isolated services of a casual employee. 17 Purchased supplies and issued a promissory note with principal of P10,000. 25 Received P10,000 cash for services rendered. 28 Paid 40% of the amount owed on May 3 transaction 29 Purchased furniture for P15,000, on account. 30 Paid water and electricity, P15,000. 30 Paid P3 000 for isolated