You have been asked to summarize the transactions for the year ended December $31,2023,$ affecting

shareholders' equity and other related accounts of ABC Company. The Shareholders' equity section of

ABC Company is as follows:

a$)$ Ordinary share capital, P$2\mathrm{.}00$ par value, $1,000,000$ shares authorized, $180,000$ shares issued,

$177,580$ shares outstanding

b$)$ Share premium $-$ issuance $-P3,640,000\mathrm{.}00$

c$)$ Share premium $-$ treasury shares $-P45,000\mathrm{.}00$

d$)$ Retained earnings $-$ P$649,378\mathrm{.}00$

e$)$ Cost of $2,420$ treasury shares $-P145,200\mathrm{.}00$

The following transactions occurred during the year:

Prepare journal entries to record the above transactions.