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Test III. Preparation. Journalize the following selected transactions of ABBA Services for the month of February 2020. (37 pts.) Feb. 1 Feb. 4 Feb. 6
Test III. Preparation. Journalize the following selected transactions of ABBA Services for the month of February 2020. (37 pts.) Feb. 1 Feb. 4 Feb. 6 Feb. 10 Feb. 15 Feb. 18 Feb. 20 Feb. 25 Feb. 26 Feb. 27 Feb. 28 Feb. 28 ABBA made an additional investment of Php150,000 cash. Rendered services on account to Edna, customer, amounting to Php 65,000; terms of 10%down and the balance at the end of the month Paid the rental for the month, Php5,000 Purchased office supplies from National Bookstore with cash amounting to Php1,500 Paid the salary of employees, Php15,000 Rendered services for cash, Php 10,000 Rendered services on account, Php 40,000 Collected the balance from Edna in Feb. 4 transaction Withdraw Php 500 for personal use Paid the salary of employees, Php15,000 Partial collection from Feb. 20 transaction, Php 25,000 Paid the electric bill for the month, Php 2,300 Test IV. Analysis. Analyze and use your data/journal entries in Test III to prepare a "Trial Balance of totals." (23 pts.) Trial Balance Debit Account Title Credit 2
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