Provide the journal entries 4. Listed below are the transaction of CPAG Services for the month of

Provide the journal entries

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4. Listed below are the transaction of CPAG Services for the month of January: January 3 5 Max C. Pagco, invested Php 700,000 in cash to start up CPAG Services Bought office furniture for cash, Php60,000. Acquired a laptop for business use, Php45,000 on account Performed services for Php35,000 cash. 8 10 12 15 18 19 22 28 30 31 Acquired new printer for Php12,000 by paying a down payment of 30% and the balance on account. Equipment Accounts Payable Utilities Payable Pagco, Capital Performed services for Php28,000 on credit. Made a Php20,000 partial payment on the laptop. Sent a bill to a client for services rendered, Php26,000. Collected in full of the client's account dated January 15. Paid the monthly office rental, Php10,000. Utility bills received for the month, Php8,500. Paid Php22,000 for salaries Use the following account titles: Account Titles Cash Accounts Receivable Furniture and Fixtures Account Titles Pagco, Personal Service Revenue Salaries and Wages Expense Utilities Expense Rental Expense Depreciation Expense. Interest Expense 4. Listed below are the transaction of CPAG Services for the month of January: January 3 5 Max C. Pagco, invested Php 700,000 in cash to start up CPAG Services Bought office furniture for cash, Php60,000. Acquired a laptop for business use, Php45,000 on account Performed services for Php35,000 cash. 8 10 12 15 18 19 22 28 30 31 Acquired new printer for Php12,000 by paying a down payment of 30% and the balance on account. Equipment Accounts Payable Utilities Payable Pagco, Capital Performed services for Php28,000 on credit. Made a Php20,000 partial payment on the laptop. Sent a bill to a client for services rendered, Php26,000. Collected in full of the client's account dated January 15. Paid the monthly office rental, Php10,000. Utility bills received for the month, Php8,500. Paid Php22,000 for salaries Use the following account titles: Account Titles Cash Accounts Receivable Furniture and Fixtures Account Titles Pagco, Personal Service Revenue Salaries and Wages Expense Utilities Expense Rental Expense Depreciation Expense. Interest Expense

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Journal entries are as follows Date January 3 Debit Cash Ac Php700000 Credit Pacqo Capital Ac Php700... View the full answer