record as entry journal

Problem #18 Recording Transactions in T-Accounts The accounts and transactions of Evelyn Tria, Systems Consultant, are shown below: a. e. Invested P150,000 in cash to start the business. b. Paid P7,500 for one month's rent. c. Bought office furniture for P26,000 in cash. d. Performed services for P10,500 in cash. Performed services for P12,750 on credit. f. Bought a desktop computer for P55,000; paid 50% down, balance in 30 days. 8. Acquired a personal copier for P39,500 on credit; paid P9,500 cash, balance due in 30 days. h. Received P7,000 from credit clients. i. Bought additional office chairs for P8,000 on credit. j. Issued a check for P32,500 to pay for salaries. k. Performed services for P10,250 in cash. I. Performed services for P11,500 on credit. m. Collected P6,000 on accounts receivable. Issued a check for P4,000 in partial payment of the amount owed for office chairs. Paid P2,250 for the monthly telephone bill. p. Paid P2,500 for the monthly electric bill. 4. Tria withdrew P10,000 in cash for personal expenses. n. 0. Required: 1. With the aid of T-accounts, record the transactions listed above. Use the following accounts: Cash; Accounts Receivable; Office Furniture; Office Equipment; Accounts Payable; Tria, Capital; Tria, Withdrawals; Consulting Revenues; Salaries Expense; Rent Expense; Utilities Expense and Miscellaneous Expense