Maintaining the Balance Transaction #12 & #13: Aside computer rentals, Mr. A's Internet Caf also offers graphic design services. On 5 April, he rendered graphic design services to some customers. The services rendered which is on account (to be paid the following day), is worth P5,000.00. Further, on this day, his operations revenue is P16,750.00. Date Transaction Assets (P) = Liabilities (P) + Capital (P) 12. 13. TRANSACTION #12 & 13 EXPLANATION: A Download image XYZ COrporation is engaged in the production of t-shirts. Prepare the Income Statement of XYZ Corporation, using the da Reminders 1. To earn the full credit, the answer should be correct and must have right format including the heading 2. The entries below are not in orderly manner juggled). Utilities Php25,000.00 Advertising expense Php 12,000.00 Sales Revenue Php 385,000.00 Tax Cost of Goods Sold Php 125,000 Salaries Php 25,000.00 Php 58,000.00