11 WW#3 - Journalizing Entries On June 1, 2022, Melyn Topaz opened Topaz's Dance Studio. The following transactions occurred in June: June 1 Invested P 90,000 in the dance studio 2 Paid P10,000 for three month's rent in advance 3 Purchased P 7,000 of equipment from Aston Co. on account 4. Received P 9,000 cash for fitness-training workshop for dancers 5 Purchased P 3,000 of supplies for cash 6 Billed Leslie Co. P 21,000 for group dance lesson for its employee 7 Paid P4,000 salaries of assistants 11 6 Billed Leslie Co. P 21,000 for group dance lesson for its employee 7 Paid P4,000 salaries of assistants 8 Withdrew P1,500 from the business for personal use 9 bill Paid P1,250 electricity 10 Paid P1,900 telephone bill for June The chart of accounts for Topaz's Dance Studio is as follows: Chart of Accounts Assets 111 Cash 112 Accounts Receivable 113 Prepaid Rent 114 Unused Supplies 131 Equipment Liabilities 211 Accounts Payable Owner's Equity 311 Melyn Topaz, Capital 312 Melyn Topaz, Withdrawals Revenue 411 Fees Earned Expenses 511 Electrical Expense 521 Salaries Expense 531 Telephone Expense