June 2 Commenced business with a capital of 1,000,000 June 4 Purchased 2,000 vape at a cost of Php 250.00 per vape. June 5 Paid trucking firm Php 6,000.00 to ship the vapes purchased. June 7 Purchased 800 vapes at a cost of Php 250.00 per vape June 8 Paid trucking firm Php 5,000.00 to ship the vapes purchased. June 9 Sold 1,100 vapes purchased on June 4 June 10 Bought office supplies worth 50,000 June 12 Paid for the tires purchased on June 4 June 14 Purchased Office Supplies for cash, P 3,600 June 15 Sold 500 tires from those purchased on June 2. The selling price was Php 250.00 per tire. June 18 Bought furniture for the shop and paid cash 12,000 June 19 Received cash from sale of tires on June 7. June 22 withdrew P 8,000 cash for personal use June 25 Paid for vapes purchased on June 5. June 28 Purchased machinery for cash 15,000 Required: Post the journal enirues to the individual T accounts with corresponding account numbers.
June 2 Commenced business with a capital of 1,000,000
June 4 Purchased 2,000 vape at a cost of Php 250.00 per vape.
June 5 Paid trucking firm Php 6,000.00 to ship the vapes purchased.
June 7 Purchased 800 vapes at a cost of Php 250.00 per vape
June 8 Paid trucking firm Php 5,000.00 to ship the vapes purchased.
June 9 Sold 1,100 vapes purchased on June 4
June 10 Bought office supplies worth 50,000
June 12 Paid for the tires purchased on June 4
June 14 Purchased Office Supplies for cash, P 3,600
June 15 Sold 500 tires from those purchased on June 2. The selling price was Php 250.00
per tire.
June 18 Bought furniture for the shop and paid cash 12,000
June 19 Received cash from sale of tires on June 7.
June 22 withdrew P 8,000 cash for personal use
June 25 Paid for vapes purchased on June 5.
June 28 Purchased machinery for cash 15,000
Required: Post the journal enirues to the individual T accounts with corresponding account numbers.
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