Required:

1. Open the following accounts:

(110) Cash in Bank P134,000

(170) Office Supplies P2,300

(180) Store Equipment P95,000

(210) Vouchers Payable P9,500

(510) Purchases

(520) Purchases Returns & Allowances

(530) Purchases Discount

(540) Transportation In

(610) Rent Expense

(620) Utilitites Expense

2. Record the transactions in a voucher register and a check register, and post amounts to the accounts/

3.List the unpaid vouchers, and compare the total with the balance of the vouchers payable account.