Question: Help please ASSESSMENT Name: Date! Course & Years Activity 2 Problems L. Chasey Repair Shop started on September 1 of the current year by Lea

Help please

Help please ASSESSMENT Name: Date! Course & Years
ASSESSMENT Name: Date! Course & Years Activity 2 Problems L. Chasey Repair Shop started on September 1 of the current year by Lea Chavry (the owner). A summary of September transactions is presented below. September 2 Invested P 100,000 cash to start the repair shop. Purchased equipment for P 32000 on account. Purchased supplies for P 7,090 cash Paid P 5000 cash for September office rent. 10 Provide repair service on account to customers, P8,090. 11 Incurred P3.900 advertising costs in the Bulletin Today on account. 12 Received P 20,000 cash from customers for repair service 16 Withdrew P 3,000 cash for personal use 19 Paid part-time employees* salaries P6,500 cash. 23 Paid utility bills P4.700. 30 Collected P 3,650 fur services hilled em September 10. ASSETS REVENUE Account Nn. Account Title Account No. Account Title 11 Cash Service Fee 12 Accounts Receivable 13 Supplies EXPENSES 14 Equipment Salaries Expense $2 Rent Expense LIABILITIES Utilities Expense 21 Accounts Payable Advertising Expense EQUITY 31 L Chasey. Capital 32 L Chansey, Drawing 33 Income Summary Instruction. Using the data above: A. Prepare the Trial Balance of L. Chasey Repair Shop B. Prepare the Income Statement of L. Chasey Repair Shop for the month ended September 30, 2020

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