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QUESTION 4 [10 MARKS] Judy decided to start her own gift basket business. Here is a summary of transactions she made for the month of

QUESTION 4 [10 MARKS] Judy decided to start her own gift basket business. Here is a summary of transactions she made for the month of September: Sept. 1: Judy invested P10,000 to start her new business. Sept. 2: Judy paid P900 in cash for gift basket supplies to make gift baskets. Sept. 3: Judy paid P800 rent for the month of September for her storefront. Sept. 4: Judy bought P400 worth of office equipment (desk, chairs).

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