ABC Company is a public relation firm. During the month of August…

Question Answered step-by-step ABC Company is a public relation firm. During the month of August… ABC Company is a public relation firm. During the month of August 2021, the company completed the following transactions: 1      Robert Marzan, the owner of the company, transferred “cash from personal bank  account to the account of the business, P1,500,000.3     Purchased service vehicle for P600,000, paying P200,000 cash and giving a note payable for the balance.4     Paid electricity bill, P1.600. 5     Paid annual insurance policies, P12,000.6     Bought computer equipment for cash, P10,0009     Purchased office equipment for cash, P54.00010   Mr. Marzan withdrew cash for personal use. 10.000 . 11    Purchased office supplies on account, P2,500.14   Paid P400 for a tune-up of the service vehicle. . 15   Received cash from a customer for service rendered P135.000 and 35.000 charge sales18   Paid the first installment of the note payable, P3.85024  Donated cash to Philippine National Red Cross P10 00025  Paid August rent for office P15.000 26  Paid the telephone bill for Aug, P2 10028  Received an advance payment from a customer PL50030  Paid salaries: P12,000  Accounting Business Financial Accounting Share QuestionEmailCopy link Comments (0)