Required: • prepare a worksheet
Extracted text: Dec-14 Salaries expense 12,000 Cash 12,000 To record salaries expense Dec-15 Cash 36,000 Accounts receivable 24,000 Service income 60,000 To record service income Dec-17 Accounts payable 8,000 Cash 8,000 To record payment to accounts payable Dec-19 Cash 2,000 Service income 2,000 to record service income Dec-22 Utility expense 6,000 Accounts payable To record utility expense on account 6,000 Dec-24 Cash 5,000 Service income 5,000 To record service income Dec-26 Accounts payable 5,000 Cash 5,000 To record payment to accounts payable Dec-28 Candelaria Maugat, Withdrawals 5,000 Cash 5,000 To record withdrawals Dec-28 Advertising expense 3,000 Cash 3,000 To record advertising expense Dec-31 Accounts payable 6,000 Cash 6,000 To record payment to accounts payable
Extracted text: DATE PARTICULARS DEBIT CREDIT Р 200,000 40,000 Dec-01 Cash Equipment Candelaria Maugat, Capital To record investment P 240,000 Dec-03 Supplies 7,000 7,000 Cash To record purchased supplies Dec-05 Rent expenses 5,000 Cash 5,000 To record expenses Dec-06 Cash 20,000 Service Income 20,000 Dec-07 Furniture and fixtures Accounts payable 8,000 8,000 to record furniture and fixtures on account Dec-10 Equipment |10,000 Cash 5,000 5,000 Accounts paybale To record equipment on account Dec-11 Cash 20,000 Service income 20,000 To record service income