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ACTIVITY SHEET - WEEK 5 Learning Task 1 -General and Subsidiary Ledger Entries Directions: Using the journal entries in L Company's June 2018 transaction, prepare necessary general and subsidiary ledger. Write your answer in your personal general ledger. Use a separate sheet of paper in answering. Date Transaction 2018 June L. the owner, Invested P300,000 cash and P50.030 worth of merchandise into the business, The merchandise has an unpaid P10.000 account from N to be assumed by the business (OR#001 1. Purchased from G store supplies worth P3,000 on cost basis ( CVNCO]] 3 Returned P3,000 worth s purchased from G (OR #002) 4 Purchased from H store s 5 Returned P400 worth of store s 6 Purchased from J store equipment $30.000 on cosh basis (CV#002) 7 Was granted a P2.500 allowance on store equipment purchased from J (OR#003] B Purchased from K store equipment worth P40.000 on terms P 10,000 down, balance on account (CV #003) 9 Was granted a P3.500 alowance on store equipment purchased from K 10 Received from Meralco the electricity bill for the month of May amounting to P11 000 1 1 Paid rent of P20.000 (CV#004) for the month 12 Paid the utility bill received last June 10 (CV N007) 13 The owner invested additional merchandise worth P 1 2,000 into the business Learning Task 2 -Trial Balance Directions: After preparing L Company's general and subsidiary ledger prepare a Trial Balance for June 2018. Use the table below in answering