Make a simple Chart of Account of Emily’s Trading 2. Journalized the transactions of Emily’s Service Business (General Journal and Special Journal Account) 3. Post the Business transaction of the Entity. (General Ledger and Subsidiary Ledger) On April 01, 2015 Emily started business with Php. 100,000. On April 2, She purchased Equipment for cash Php. 7,000. On April 8, She Purchased Supplies for cash Php 2,000 and Php 1,000 for credit from Jose Retail Store. Received cash from customer amounting 15,000 on April 14. Owner withdrew of worth Php 2,000 for personal use on April 18. Other cash from
1. Make a simple Chart of Account of Emily’s Trading
2. Journalized the transactions of Emily’s Service Business (General Journal and Special Journal Account)
3.
On April 01, 2015 Emily started business with Php. 100,000.
On April 2, She purchased Equipment for cash Php. 7,000.
On April 8, She Purchased Supplies for cash Php 2,000 and Php 1,000 for credit from Jose Retail Store.
Received cash from customer amounting 15,000 on April 14.
Owner withdrew of worth Php 2,000 for personal use on April 18.
Other cash from customer 5,000 on April 20.
On April 22, Service rendered to customer Php 7,000 to be paid on the agreement date.
On April 25, Paid Jose Retail Store Php 1000.
Paid Salaries Expense Php 5,000 on April 30.
On April 30, Emily paid Electric Bill amounting Php 3,000.
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