Date Transaction Assets (₱) = Liabilities (₱) + Capital (₱)

March 02, Made an Initial Investment of ₱300,000 300,000 300,000

March 03, Purchased three computer units worth ₱25,000
₱75,000
2020 each
-₱75,000
March 04, Paid rent worth ₱10,000 for the office unit to be
-₱10,000 -₱10,000
2020 used for the business
March 08, Purchase three tables and chairs sets worth
₱9,000
2020 ₱3,000 each set
-₱9,000
March 10, Rendered services to eight students who wanted
2020 their research papers edited for ₱4,000 each
March 12, Purchase office supplies worth ₱8,000 on
2020 account
March 14, Rendered services to a client worth ₱15,000 on
2020 account
March 15, Partial payment was made on transaction dated
₱14,000 ₱14,000
2020 March ₱14, 5000
March 16,
Paid the office supplies purchased on March 12 ₱8,000 ₱8,000
2020
March 21- Cash revenues from operations on these dates:
₱65,000
23, 2020 ₱15,000, ₱20,000, ₱30,000 repectively
one of the owner made a withrawal from the
March 24,
investment amounting to ₱40,000 for personal -₱40,000 -₱40,000
2020
use
March 25- Cash revenues from operations on these dates:
₱60,500
28, 2020 ₱13,000, ₱14,000, ₱16,500, ₱17,000 repectively
March 29, Paid municipal taxes and licenses, ₱3,000 ₱3,000
March 30,
Paid salaries and wages of employees, ₱45,000 -₱45,000 -₱45,000
2020
March 31,
Received electric bill for the month ₱10,000
2020
227,000 ₱128,500 219,000