Reference no: EM133099010
Question - Journalize the following transactions using a General Journal below:
March 1 Mrs. Lanie Mercado invested P150,000 cash on her business "Mercado All Around Services"
March 3 Rendered Service to a client on account, P4,000.
March 4 Bought computer on account from Emcor, P40,000.
March 10 Mrs. Mercado withdrew cash of P5,000.
March 12 Paid office rental for the month, P1,000.
March 15 Mrs. Mercado made a partial payment of her account at Emcor, P3,000.
March 16 Mrs. Mercado invested office table worth P10,000.
March 19 Mrs. Mercado has made partial collection of a client's account. P2,000.
March 20 Borrowed money from Metrobank and issued a note, P10,000.
March 21 Mrs. Mercado made a partial payment of her account at Emcor, P2,000.
March 22 Paid taxes and licenses and other assessments, P1,000.
March 25 Received cash for services rendered, P3,000.
March 28 Bought office supplies at CS Trading on account, P5,000.
March 30 Made a partial payment of P1,000 to CS trading.
March 30 Paid Metrobank for borrowed money.