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Prepare the general journal entries for the following transactions. Mr. Laban Deyro opened his laundry business in Dumaguete City on January 2, 2020. The following transactions occurred during the month of January 2020: DATE TRANSACTIONS 1/2/20 Invested PHP 500,000 to his business. The trade name of the business was "MR. LABANDERO" 1/3/20 Hired Allan and Allie who will manage his business 1/4/20 Collections from various customers for the day - PHP3,000 1/5/20 Purchase store supplies from Labada Store - PHP10,000 1/7/20 Collections from various customers for the day - PHP8,000 1/8/20 MR. LABANDERO entered into an exclusive contract with Sikat Hotel where the business will do all the laundry of the hotel. 1/9/20 Sikat Hotel availed the services of MR. LABANDERO amounting to PHP15,000. Payment will be made on January 20, 2020 1/10/20 Collections from various customers for the day PHP 12.000 1/12/20 Purchase a washing machine amounting to PHP50,000 1/15/20 Collections from various customers for the day. PHP20,000