Recording Transactions USING A 2-COLUMN GENERAL JOURNAL, prepare JOURNAL ENTRIES for the following transactions including explanation. Use the following accounts: Cash; Accounts Receivable; Repair Supplies; Equipment; Accounts Payable; Accrued Expense; Buddy Bungal, Capital; Repair Services Revenue; Communications Expense; Utilities Expense. Buddy Bungal invested P210,000 in the business named Bud's Computer Repair Shop. The deposit slip was # 100 May 1 3 Purchased repair equipment from the Ocean Park for P30,000. Check # 4801 was issued in the amount of P18,000 with the balance being placed on account. The invoice number was A998. 8 Repaired a customer's computer billing him P5,000 on billing # 690. 10 Repaired a customer's computer for P8,800, of which 80% was collected, with the balance placed on account. The billing slip was #691. The deposit slip was # 398765. 12 Received and paid the telephone bill by issuing check # 4802 in the amount of P3,000. 13 Purchased repair supplies by issuing check # 4803 in the amount of P2,500. 14 Collected the amount due from the customer of billing slip # 690. The deposit was # 459086. 18 Issued check # 4804 in the amount of P9,000 to the Ocean Park as a partial payment for the equipment purchased on May 3. 20 Repaired a customer's computer and collected P6,000. The deposit slip was # 789190. The biling slip was #692. 21 Received electric bill for the month of May in the amount of P1,500 to be paid next month