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Prepare Journal Entries, Ledger, T- Accounts, Trial Balance, Income Statement, and Balance Sheet The following are transactions of Samantha...

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Accounting

Prepare Journal Entries,Ledger, T- Accounts,Trial Balance, Income Statement,and Balance Sheet

The following are transactions of Samantha PayapagAdvertising Company for the month of July2013

July 3 Samantha Payapag invested 500,000 in thebusiness.

July 5 Bought for cash, advertising suppliescosting 80,000. Paid rental of the office, 7,300

July 9 Bought delivery truck from MJ IdosTrading, 350,000 on credit

July 12 Received 43,000 cash as advertisingincome

July 13 Bought furniture & fixtures, 32,000in cash

July 17 Took 3,200 cash for personalpurposes

July 18 Billed Bernalyn Galvez for theadvertising service rendered to promote her product to the market,10,000

July 23 Paid salaries of the employees, 15,000.Billed Zaldy Co. for the advertising service rendered, 4,000

July 24 Collected 1/2 of the amount BernalynGalvez owed to the company

July 26 Purchased another truck amounting to120,000 from Edwina Motor, Inc. on credit

July 27 Paid MJ Idos Trading 230,000 as partialsettlement of the account

July 30 Paid utility expense for the month

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