I need journal entries in 7,10 and 13. Thanks tutor. Please answer it completely.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Thanks tutor.
Please answer it completely.

Transcribed Image Text:P600,000 was deposited to the new bank account opened for the business
Meycar and Gerald work as cashier and assistant photographer respectively
Paid two month's rent deposit and one-month advance, P60,000
Ordered additional photography equipment, P85,000
Purchased office equipment for cash, P64,000
Received and paid for the photography equipment ordered on June 7, P85,000
Purchase photography supplies on credit, P31,000
Received cash for unpaid portraits, P11,400
Billed customer for portraits, P32,500
7
8
10
12
13
17
hume 12
R15 500
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