Michele Angelie deposited P250,000 under the name of the business She acquired a service vehicle in the amount of P195,000 on account. 2 She acquired supplies for cash worth PS7,000. She received P87.500 cash for painted signs. 10 She paid the month's rent amounting to P25,000. II She painted signs for Mundo Mobile on account for P170,000. 12 She paid PS5,000 on account from October 2 She withdrew P25.000 for personal use. 16 23 She collected P35,000 from Mundo Mohile. She paid salaries amounting to P57.000 for the month. She paid PH Telecon P7,500O for communication services for the 27 month adi anae for advertising for

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Show  all the entries in the books of Michael.

Michele Angelie deposited P250,000 under the name of the business.
She acquired a service vehicle in the amount of P195,000 on account.
2.
3
She acquired supplies for cash worth P57,000.
She received P87,500 cash for painted signs.
She paid the month's rent amounting to P25,000.
She painted signs for Mundo Mobile on account for P170,000.
She paid P55,000 on account from October 2.
10
I1
12
16
She withdrew P25,000 for personal use.
23 She collected P35,000 from Mundo Mobile.
She paid salaries amounting to P57.000 for the month.
30
She paid PH Telecom P7,500 for communication services for the
27
month.
ie paid the bill amounting to P5,500 to AcdLanao for advertising for
the month.
31
Transcribed Image Text:Michele Angelie deposited P250,000 under the name of the business. She acquired a service vehicle in the amount of P195,000 on account. 2. 3 She acquired supplies for cash worth P57,000. She received P87,500 cash for painted signs. She paid the month's rent amounting to P25,000. She painted signs for Mundo Mobile on account for P170,000. She paid P55,000 on account from October 2. 10 I1 12 16 She withdrew P25,000 for personal use. 23 She collected P35,000 from Mundo Mobile. She paid salaries amounting to P57.000 for the month. 30 She paid PH Telecom P7,500 for communication services for the 27 month. ie paid the bill amounting to P5,500 to AcdLanao for advertising for the month. 31
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