DRILL 1AToj oe colersM moi lfid boviooca ynOaMJournalize the following transactions of Till A Lok Consultancy for the monthof January:olu2018hebrosi asbilidail niJan. 1Mr. Lok deposited P880,000 in the account of the company. He also invested acomputer valued at P67,000.Consultancy services rendered to Mongolia Corp. on account, P 75,0003Bought P700,000 worth of transportation equipment from Mitsubishi onaccountid bovieoo7Consultancy services rendered to various clients for cash, P190,00015Consultancy services rendered to Codak Co. on account, P32,00016Paid Mitsubishi Motors in full18Collected P15,000 from Codak Co.20Received water bill, P98026Paid electricity for the month, P2,540

000,o 08 om colersM moi llid boviooon yO M Journalize the following transactions of Till A Lok Consultancy for the month of January: Depri g solu ohupe everwo ni osna Eros ilidail ni 2018 Jan. 1 Mr. Lok deposited P 880,000 in the account of the company. He also invested a computer valued at P67,000. 2 Consultancy services rendered to Mongolia Corp. on account, P 75,000 Bought P700,000 worth of transportation equipment from Mitsubishi on account bavieos Consultancy services rendered to various clients for cash, P190,000 15 Consultancy services rendered to Codak Co. on account, P32,000 16 Paid Mitsubishi Motors in full 18 Collected P15,000 from Codak Co. 20 Received water bill, P980 2000 26 Paid electricity for the month, P2,540

000,o 08 om colersM moi llid boviooon yO M Journalize the following transactions of Till A Lok Consultancy for the month of January: Depri g solu ohupe everwo ni osna Eros ilidail ni 2018 Jan. 1 Mr. Lok deposited P 880,000 in the account of the company. He also invested a computer valued at P67,000. 2 Consultancy services rendered to Mongolia Corp. on account, P 75,000 Bought P700,000 worth of transportation equipment from Mitsubishi on account bavieos Consultancy services rendered to various clients for cash, P190,000 15 Consultancy services rendered to Codak Co. on account, P32,000 16 Paid Mitsubishi Motors in full 18 Collected P15,000 from Codak Co. 20 Received water bill, P980 2000 26 Paid electricity for the month, P2,540

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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