Please answer asap thank you!. Prepare T accounts, General Journal, General Ledger, Unadjusted Trial balance Presented below are the transactions of Engr. Charlie Hahn for the month ofAugust, 2019.DATETRANSACTIONAUGUST 3 Charlie invested P1,000,000.00 in a firm depositing cash in a bank account with the name Hahn Engineering Services.5 Borrowed money from Metro Bank, signing a promissory note for P500,000.6 Purchased tables and chairs for cash, P75,000, paying P25,000 and the rest on account.7 Purchased office equipment – 3 computers and 2 printers, P60,000, from Octagon.8 Paid rent for office space, P15,000.12 Purchased additional tables and chairs on account from Balingit Furniture, P20,000.13 Paid business licenses and taxes, P4,500.14 Received cash for engineering services rendered, P95,000.15 Paid employees' salaries, P32,000.17 Sent a check to Balingit Furniture as payment for payables on tables and chairs bought.19 Paid water and electric bills, P5,800.21 Bought office supplies from Laser Marketing, P5,000 paying 50% and the balance on account.23 Rendered engineering services to Converge on account, P38,700.24 Withdrew cash for personal use, P8,000.26 Collected P25,000 from Converge on a service previously rendered on account.27 Paid P1,500 of the account with Laser Marketing.29 Rendered services to ProLift Gym, P55,000.30 Paid employees' salaries, P36,500.Complete the required steps of the Accounting Cycle given in the spreadsheet.1 Add file E FHJMNORSTVAAABACADAEAAGAHAlAJFresented below ara the Chart aAccaunts for Ham Enineeving6A Sarup T-aoownrbasadon the gien transaotions.SarvicesB. Frepare the jomalentries from the T-acoounts andreher to the ChartofAooounts hor postingreferences.C Frepane the general ledger hor t7T-ACCOUNTSASSETSLIABILITIESOWNER'S EQITYHahn Engineering ServicesChart of AccountsHahn Engineering ServicesGeneral JournalFor the month of August, 201910DebitCreditDebitCreditDebitCreditPOST110 Cash120 AR from Converge130 Supplies140 Office Equipment145 Accumulated Depreciation - Office Equipment12DATEPARTICULARSDEBITCREDITEEr13DATEITENSDEBI141516150 Furnitures155 Accuroulated Depreciation - Furnitures1718210 Notes Payable to Metro Bank220 AP to Balingit Furniture230 A/P to Laser Marketing310 C. Hahn, Capital320 C. Hahn, Drawings19DebitCreditDebitCredit410 Service Revenue510 Rent Expense520 Taxes and Licenses Expense530 Salaries Expenses540 Utility ExpenseDebitCreditDebitCreditDebitCreditDATEITENSDEBDebitCredit--...DebitCreditDebitCreditDATEITEMSDEB4043d44546DebitCredit47DATEITENSDEB48DebitCredit49505152Sheet1+40%

Journal entry Journal entry refers to an entry that is made to record the financial transactions in…

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Business

Accounting

Please answer asap thank you!. Prepare T accounts, General Journal, General Ledger, Unadjusted Trial balance

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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