Ans
# 2
Dr Cash P 25,000.00
Cr DJ Tough, Capital P 25,000.00
# 3
Dr DJ Tough, Withdrawal P 2,500.00
Cr Cash P 2,500.00
# 4
Dr DJ Tough, Withdrawal P 1,500.00
Cr Cash P 1,500.00
# 5
Dr Tables & Chairs P 7,000.00
Cr Accounts Payable - Mandaue Foam P 7,000.00
# 6
Dr Filing Cabinets P 8,500.00
Cr Accounts Payable - Sungold P 8,500.00
# 7
Dr Accounts Payable - Mandaue Foam P 4,000.00
Cr Cash P 4,000.00
# 8
Dr Accounts Payable - Sungold P 3,500.00
Cr Cash P 4,000.0
# 9
Dr Accounts Receivable P 4,500.00
Cr Service Revenue P 4,500.00
# 10
Dr Accounts Receivable P 5,000.00
Cr Service Revenue P 5,000.00
Explanation:
Hope it helps ☺️
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Answers & Comments
Ans
# 2
Dr Cash P 25,000.00
Cr DJ Tough, Capital P 25,000.00
# 3
Dr DJ Tough, Withdrawal P 2,500.00
Cr Cash P 2,500.00
# 4
Dr DJ Tough, Withdrawal P 1,500.00
Cr Cash P 1,500.00
# 5
Dr Tables & Chairs P 7,000.00
Cr Accounts Payable - Mandaue Foam P 7,000.00
# 6
Dr Filing Cabinets P 8,500.00
Cr Accounts Payable - Sungold P 8,500.00
# 7
Dr Accounts Payable - Mandaue Foam P 4,000.00
Cr Cash P 4,000.00
# 8
Dr Accounts Payable - Sungold P 3,500.00
Cr Cash P 4,000.0
# 9
Dr Accounts Receivable P 4,500.00
Cr Service Revenue P 4,500.00
# 10
Dr Accounts Receivable P 5,000.00
Cr Service Revenue P 5,000.00
Explanation:
Hope it helps ☺️
P4,500.00