Please plot the transactions in the transaction analysis worksheet provided. Further, you have to journalize each of the transactions after placing the accounts on the transaction analysis worksheet.  Assets:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please plot the transactions in the transaction analysis worksheet provided. Further, you have to journalize each of the transactions after placing the accounts on the transaction analysis worksheet. 

Assets:                                                         

  •  Cash
  • Accounts Receivable
  • Office Supplies
  • Land
  • Building
  • Office Furniture   

Liabilities:

  • Accounts Payable

Owner's Equity

  • Pascual, Capital

Revenue:

  • Service Income

Expenses:

  • Utilities Expense
  • Permits and Licenses
  • Salaries Expense

January 
2 – Paid permits and licenses to the government, Php 3,500.00
4 - Purchased Office Furniture on account to CITI Appliance, Php 15,400.00
7 - Signed a contract with a university for utility services at a rate of Php   30,000.00per month
10 - Received cash from various customers for services rendered,Php32,000.00
11 - Rendered utility services on account, Php 20,000.00
12 - Purchased office supplies in cash for office use, Php 5,000.00

14 - Paid installation of water and telephone in the office, Php 7,200.00
15 - Received cash of Php 57,000.00 for utility services rendered.
17 - Rendered utility services worth Php 35,000.00. Only Php 15,000.00 cash was received. The balance is on account.
20 - Paid 50% of the account on January 4
23 - Collected 60% of the account on January 11
25 - Received a bill from DapCWD for water consumption of the month, Php 315.00
26 - Received telephone bill from CruzTelCo for telephone usage of the month, Php 500.00
28 - Withdrew Php 50,000.00 cash from the business for personal use.
30 - Paid salaries of utility workers, Php 20,000.00 

     Write down your answers here.
_____             ___________________________         ____________
                         _________________________                 ____________
                                 ___________________________________
                                  ___________________________________                         

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