Require:journalizing

4. Use another sheet of paper for your answer. nstructions: Business Transactions as of June 30, 2016 of B. Sumanda's Enterprise. Transaction Amount 1. B. Sumanda invested for an IT business in cash. P 200,000 2. B. Sumanda invested equipment to the business. P 15,000 3. Purchased additional equipment in cash. P 30,000 4. Purchased additional equipment on credit. P 50,000 5. Barrowed money from bank payable in 1 year P 50,000 6. Paid for equipment purchased on credit. P 50,000 7. B. Sumanda made additional investment in cash. P 50,000 8. B. Sumanda makes drawings in cash. P 5,000 9. Made partial payment to the bank loan. P 5,000 10. Purchased new furniture on credit. P 10,000 11. Paid salaries to employees P 20,000 12. Billed customer for services rendered on account P 55,000 13. Paid telephone bills P 5,500 14. Rendered services for cash P 30,000 15. Collected from customers on account P 55,000 16. Paid repairs and maintenance of equipment P 5,000 17. Received rental bill payable next month P 10,000 18. Paid water bill P 3,000 Page | 13