Problem 4- 3 JOURNALIZE ENTRIES AND UNADJUSTED TRIAL BALANCE

a. Issued check for P200, 000 to pay the accounts payable.

b. Issued P43, 226 check to cash purchase of supplies.
c. Collected in cash P294, 200 of the accounts receivable
d. Issued P200, 000 check to the owner for his personal use.
e. Rendered service to customer, P35, 000 on account.
f. Collected in cash P198, 000 of the accounts receivable.
g. Issued P52, 478 check to pay the accounts payable.
h. Rendered services to a charge customer in the amount of P189, 300.
i. Received electric bill for the current period consumption amounting to P26, 143, payable next month.
j. Received telephone bill of P18, 352, payable next month.

Account Name Amount

Cash 598,223
Accounts receivable 1,884,159
Supplies 193,200
Accounts payable 975,275
Pilo, Capital 1,132,946
Pilo, Drawing 1,300,000
Rent income 1,483,400
Professional fees 1,896,700
Rental expense 800,000
Salaries expense 400,000
Supplies expense 200,000
Telephone expense 63,587
Electric expense 49,152

 Prepare the journal entries to record the transactions.

 Prepare the unadjusted trial balance.