ENTREP ACT 2 (BOOKKEEPING)

Jan 1 - Bought new machineries worth P80,000 in account

Jan 5 - Purchased P50,000 worth of computer parts inventory, paying P20,000 cash the
balance in account
Jan 9 - Paid P5,000 cash for interest from a bank loan
Jan 17 - Sold two machineries for a total of P9,000 in cash
Jan 19 - Sold P20,000 worth of computer parts for P35,000 in cash
Jan 25 - Purchased new machinery for P10,000 in account
Jan 29 - Sold P10,000 worth of computer parts for P20,000 in account

DATE DESCRIPTION DEBIT CREDIT

Jan 1 Bought new P80,000
machineries worth
P80,000 in account
Jan 5 Purchased P50,000 P50,000
worth of computer
parts inventory

Paying P20,000 cash P20,000

the balance in
account
Jan 9 Paid P5,000 cash for P5,000
interest from a bank
loan
Jan 17 Sold two machineries P9,000
for a total of P9,000
in cash
Jan 19 Sold P20,000 worth P35,000
of computer parts for
P35,000 in cash
Jan 25 Purchased new P10,000
machinery for
P10,000 in account
Jan 29 Sold P10,000 worth P20,000
of computer parts for
P20,000 in account

How much is the balance of her accounts payable?

How much is her total sales for January? P64,000
How much interest did she pay? P5,000
How much is the balance of her accounts receivable?
How much is the balance of her machinery account?