Read the transactions carefully. Do steps one to four of the accounting cycle (i.e. analyzing up to unadjusted trial balance). Use chart of accounts below.

Let us take the case of Pedro Matapang, a computer technician. Pedro decided to open his computer repair shop on February 14, 2021 naming it Matapang Computer Repairs Pedro knows that business transactions should be separated from personal finances Thus, he decided to invest PHP200,000 in this business. February 15, 2021 Pedro purchased one computer unit from XY Computer Store to be used for the business. He issued check number 001 amounting to PHP25,000 February 17, 2021 Repaired the computer of Jean and collected PHP10,000 February 18, 2021 Repaired Mike's computer. However, Mike will pay PHP15,090 on March 18, 2021 February 19, 2021 Pedro purchased Office Supplies from MM Merchandise amounting to PHP5,000 on account. Pedro will pay this on March 30, 2021. February 25, 2019 Paid the salary of Juana amounting to PHP4,000 Chart of Accounts Cath Service Income Accounts Receivable Supplies Expense Office Equipment Salaries Expense Accounts Payable Matapang, Capital 1 Add File