GENERAL JOURNAL ACTIVITY 2. RECORDING 101 The Problem: Express Delivery Service, owned and operated by Happy Antonio, began operation in June The following were business transactions for the said period of time: June 1 Happy made the following initial investment. Cash deposited in bank in the name Express Delivery Service P1,300,000 Delivery Van 800,000 4 Bought supplies for cash , P10,550 Bought fuel on account to tune the delivery truck, P1,000 Rendered delivery service on account, P 25,300 10 Received cash for delivery work done, P 12,450 15 Hired an office manager for monthly salary of P 28,000 17 Collection from cash customer, P18,900 20 Paid a advertising campaign through social media P10,000 5.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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GENERAL JOURNAL
ACTIVITY 2. RECORDING 101
The Problem: Express Delivery Service, owned and operated by Happy Antonio, began operation in June
The following were business transactions for the said period of time:
June 1
Happy made the following initial investment.
Cash deposited in bank in the name
Express Delivery Service
P1,300,000
Delivery Van
800,000
4
Bought supplies for cash, P10,550
Bought fuel on account to tune the delivery truck, P1,000
6
Rendered delivery service on account, P 25,300
10 Received cash for delivery work done, P 12,450
15
Hired an office manager for monthly salary of P 28,000
17
Collection from cash customer, P18,900
20
Paid a advertising campaign through social media P10,000
Transcribed Image Text:GENERAL JOURNAL ACTIVITY 2. RECORDING 101 The Problem: Express Delivery Service, owned and operated by Happy Antonio, began operation in June The following were business transactions for the said period of time: June 1 Happy made the following initial investment. Cash deposited in bank in the name Express Delivery Service P1,300,000 Delivery Van 800,000 4 Bought supplies for cash, P10,550 Bought fuel on account to tune the delivery truck, P1,000 6 Rendered delivery service on account, P 25,300 10 Received cash for delivery work done, P 12,450 15 Hired an office manager for monthly salary of P 28,000 17 Collection from cash customer, P18,900 20 Paid a advertising campaign through social media P10,000
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