Test IV. Analysis. Analyze and use your data/journal entries in Test III to prepare a "Trial Balance of totals." (23 pts.) Account Title Trial Balance Debit Credit Test III. Preparation. Journalize the following selected transactions of ABBA Services for the month of February 2020. (37 pts.) Feb. 1 ABBA made an additional investment of Php150,000 cash. Feb. 4 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 Feb. 6 Paid the rental for the month, Php5,000 Feb. 10 Purchased office supplies from National Bookstore with cash amounting to Php1,500 Feb. 15 Paid the salary of employees, Php15,000 Feb. 18 Rendered services for cash, Php 10,000 Feb. 20 Rendered services on account, Php 40,000 Feb. 25 Collected the balance from Edna in Feb. 4 transaction Feb. 26 Withdraw Php 500 for personal use Feb. 27 Paid the salary of employees, Php15,000 Feb. 28 Partial collection from Feb. 20 transaction, Php 25,000 Feb. 28 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.) Account Title Trial Balance Debit Credit TWO TYPES OF TRIAL BALANCE There are two types of trial balance, these are: 1. Trial balance of totals Under this type, we have to get the total of the debit side and the total of the credit side of each ledger account and write them in the trial balance format as shown in the exhibit below. The individual totals may not balance initially , but the figures should be transferred correctly for the grand total to be equal or balance Kristine Joyce Services Trial Balance December 31, 2013 Account Tide Cash Accounts Receivable Prepaid Rent Furniture & Fixtures Accounts Payable Kristine, Capital Kristine, Withdrawal Service Income Salaries and Wages Utilities Expenses Advertising Expenses Total Debit Credit 200,000.00 150,000.00 450,000.00 200,000.00 60,000.00 0.00 75,000.00 0.00 90,000.00 315,000.00 0.00 40,000.00 5,000.00 0.00 0.00 450,000.00 135,000.00 0.00 50,000.00 0.00 90,000.00 0.00 1.155,000.00 1,155,000.00 We can identify the trial balance as a trial balance of totals if it contains zero balance on either debitor credit column or both columns contain a figure, because Is the very total of the debit and credit of every account in the general ledger