Question: Need help please Edward Eldric is an experienced events planner. The transactions and acc as follows: a. Invested P100,000 in cash to start his own

Need help please

Need help please Edward Eldric is an experienced events planner. The transactions

Edward Eldric is an experienced events planner. The transactions and acc as follows: a. Invested P100,000 in cash to start his own business. b. Paid P5,000 for one month's rent. c. Bought office furniture for P15,000 in cash. d. Received delivery of laptop computer, P54,000. Paid 50% down, bal e Performed services for P12,000 in cash. 1. Performed services for P10,800 on credit. g. Received P5,400 from clients on account. h. Paid P10,000 for salaries. Received P7,000 in cash for services performed. Performed services for P12,000 on credit. k. Paid P1.350 for the monthly telephone bill. 1. Paid P2,400 for the electric and water bills. m. Collected P2,000 from clients on account. n. Eldric withdrew P7,000 in cash for personal expenses

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