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Please make an Accounting Journal Entries Please healp me and I'll give good feedback On December 1, 2020, Mateo Roa opened a videotape rental store,

Please make an Accounting Journal Entries

Please healp me and I'll give good feedback

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On December 1, 2020, Mateo Roa opened a videotape rental store, Oro Video by investing Php 250,000 cash from his capital cash from his personal savings account. During the month of December, the following transactions took place: Dec 1 Acquired supplies on account Php67, 000 Dec 4 Acquired videotapes costing Php235, 000, on account Dec 5 Paid Php85, 000 to creditors Dec 8 Received Php78000 cash from ACA Video rental fees Dec 11 Billed Video City for video rentals, Php 105,000 Dec 16 Paid salaries, Php65, 000 Dec 17 Collected Php77, 000 from Video City Dec 23 Roa withdrew Php47, 000 from the business Dec 24 Paid rent for the month, Php41, 500 Dec 30 Paid utilities bill for the month, Php17, 500 Cash 101 Supplies 103 Accounts Payable 201 Accounts Receivable 102 Videotapes 104 Roa, Capital, 301

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