Question: ACTIVITY #2 - JOURNALIZING Requirements: Prepare journal entries for the following transactions: 1. On April 2, 2020 Ms. Shirley Bermejo opened her own online buy

ACTIVITY #2 - JOURNALIZING Requirements: Prepare
ACTIVITY #2 - JOURNALIZING Requirements: Prepare journal entries for the following transactions: 1. On April 2, 2020 Ms. Shirley Bermejo opened her own online buy and sell face mask business and invested cash P2,000.00. 2. Mr. Bernard Reyes purchased on account a 6 X 6 Dump Truck for his gravel and sand hauling business amounting to $800,000.00. on May 15, 2020. 3. Company G paid employee's salary for the month of March, 2020 amounting to F 20,500.00 on March 27, 2020. 4. On July 5, 2020 Mr. Frank Sy, lawyer paid rent for his office space $35,000.00 5. XYZ Company purchased office supplies for cash F250.00. Account Titles: Accounts Payable Cash S. Bermejo, Capital Office Supplies Salary Expense Equipment Rent Expense

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