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Problem: Mya Pachicks opened a delivery service business named Chicks To Go on May 1, 2013. The following itemswere the transactions occurred during the month

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Mya Pachicks opened a delivery service business named "Chicks To Go" on May 1, 2013. The following itemswere the transactions occurred during the month of May:

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2. Purchased office supplies from Da Vince Supplies Store, P5,000, on account. A. Supplies Expense 5,000 Supplies 5,000 B. Supplies Expense 5,000 Cash 5,000 C. Supplies 5,000 Cash 5,000 D. Supplies 5,000 Accounts Payable 5,000 OB OC OD O A3. Rendered services to Ralph Juice, P20,000 received in cash. A. Cash 20,000 Accounts Receivable 20,000 B. Accounts Receivable 20,000 Service Income 20,000 C. Accounts Receivable 20,000 Cash 20,000 D. Cash 20,000 Service Income 20,000 OA OD OC OB4. Purchased service vehicle for P150,000 wherein 1/3 was paid in cash and the balance by issuing a note. A. Service Vehicle 150,000 Cash 150,000 B. Service Vehicle 150,000 Cash 75,000 Notes Payable 75,000 C. Service Vehicle 150,000 Notes Payable 50,000 Cash 100,000 D. Service Vehicle 150,000 Notes Payable 100,000 Cash 50,000 OD OC O B OA5. Rendered services to Bianca Pasharp, P50,000, on account. A. Cash 50,000 Accounts Receivable 50,000 B. Cash 50.000 Service Income 50,000 C. Accounts Receivable 50,000 Service Income 50,000 D. Accounts Receivable 50,000 Cash 50,000 OC OB OA OD6. Paid the following expenses: rent- P8,000; utilities- P5,000, and gas and oil- P5,000 A. Cash 18,000 Rent Expense 8,000 Utilities Expense 5.000 Gas and oil Expense 5.000 B. Rent Expense 8,000 Utilities Expense 5,000 Gas and oil Expense 5.000 Accounts Payable 18,000 C. Rent Expense 5,000 Utilities Expense 8,000 Gas and oil Expense 5,000 Cash 18,000 D. Rent Expense 8,000 Utilities Expense 5,000 Gas and oil Expense 5.000 Cash 18,000 O B OD OC OAT". Paid 50% of the balance 'In number 4. A. Cash 50,000 Mates Payable 50,000 E. Melee Payable 75,000 Cash P5000 C. Notes Payable 50000 Cash 50,000 D. Mates Payable meme Cash 100,000 on cm 0-: QB 8. Collected 80% of Bianca Pasharp's account. A. Cash 40,000 Accounts Receivable 40,000 B. Cash 40.000 Service Income 40,000 C. Accounts Receivable 40,000 Cash 40,000 D. Accounts Payable 40,000 Cash 40,000 OD OC O A O B9. Paid salaries of two employees, P10,000 each. A. Salaries Expense 10,000 Cash 10,000 B. Cash 20,000 Salaries Expense 20,000 C. Salaries Expense 20,000 Cash 20,000 D. Cash 10,000 Salaries Expense 10,000 OB OD OC O A

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