The chart of accounts for Mulles Data Encodes is as follows:

Account Number Account Name Account Number

Assets
110 Cash 310
120 Accounts Receivable 320
130 Office Supplies
140 Office Equipment 410
150 Signage
160 Computer Software 510
Liabilities 520
210 Accounts Payable 530
540
550

Nancy Mulles established the Mulles Data Encodes on May 5, 2020.

The following transactions occurred during the month.

May-05 Mulles invested P157,000 cash to establish the business.

May-06 Bought office desks and filing cabinet for cash, P15,150.
May-06 Mulles invested in the business her personal computer with market value of P57,500.
May-07 Bought computer software for use in the business from San Jose Computer Center for P39,000
May-08 Bought bond paper and stationery on account, P2,290.
May-08 Received cash for services rendered, P5,160.
May-09 Ordered panaflex signage for P9,000 from Royal Bright Enterprises, with P5,000 downpayment
May-15 Received bill for Advertising from Buy and Sell Newspaper, P3,230.
May-18 Received and paid electric bill, P1,240.
May-19 Paid bill for advertising previously recorded on May 15.
May-20 Received cash for services rendered, P10,900.
May-27 Paid salaries to employees, P8,400.
May-28 Mulles withdrew cash for personal use, P4,500
May-29 Paid rent for the month P5,300.
May-29 Received and paid telephone bill, P800.

Required: Journalize above transactions.

 Account Name
Owner's Equity
Mulles, Capital
Mulles, Withdrawals
Income
Service Revenue
Expenses
Salaries Expense
Advertising Expense
Rent Expense
Electricity Expense
Communications Expense

alue of P57,500.
puter Center for P39,000, paying P15,000 down; the balance is due in 30days.

th P5,000 downpayment and the balance due when installed.

Mulles Data Encodes
GENERAL JOURNAL
For the month ended __May 2020__
Page: 1
DATE PARTICULARS Ref. DEBIT CREDIT
Mulles Data Encodes
GENERAL JOURNAL
For the month ended __May 2020__
Page: 2
DATE PARTICULARS Ref. DEBIT CREDIT
Mulles Data Encodes
GENERAL JOURNAL
For the month ended __May 2020__
Page: 3
DATE PARTICULARS Ref. DEBIT CREDIT