Journalize December transactions in the general journal

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Question - Maganda Shop is servicing its customers by repairing various equipment and other gadgets.

Dec. 1 Paid accounts payable, P30,000.

Dec. 10 Collected from customers on account, P40,000.

Dec. 15 Collected cash from customers for services rendered, P125,000.

Dec. 26 Paid light and water bills, P 9,000.

Dec. 29 Paid salaries of employees, P45,000.

Required - Journalize December, 2019 transactions in the general journal. Then, post to the ledger.  Foot the balances in the ledgers.

Reference no: EM133006691

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