TRANSACTION

1. March 1, 2018 KOBE Xander invested P 156,000.

2. Bought computer equipment for P 40, 000 for cash.
Bought merchandise on account from Ruby company P63, 600 terms
2/10; n/30.
3. Bought office supplies on cash basis for P 2, 800.
Sold merchandise on account 60, 800, FOB destination, term 2/10; n30.
4. Paid freight on transaction 3 sale 800
5. Receives credit from Ruby company for merchandise returned P 1, 200.
11. Paid Ruby.
13. Collected from transaction 3 customers.
14. Bought merchandise on cash basis for P 57, 600.
15. Salaries paid P 6, 000.
16. Borrowed money from BDO signed a promissory note for P 48, 000.
17. Received refund from a supplier on cash purchased on March 14, P
48, 000.
19. Bought merchandise from Reymar, P 56, 800, FOB SHIPPING POINT,
term, 2/10; n/30.
20. Paid freight on March 19 purchase, P 2, 800.
23. Sold Merchandise for P 65, 600.
26. Bought merchandise for cash P 49,200.
27. Paid Reymar on the March 19 purchase P 36, 000, no discount
allowed on partial payment
28. Kobe Xander got cash from the business, P 8, 032.
29. Made refund to cash customers for defective merchandise P 3, 600.
30. Sold merchandise on account, P 54, 800, n/30.
30. Paid the following: Advertising, P4,000, Utilities P 1,600; Rent P 12,
000; Salaries, P6,000.
30. Inventory March 30, P 100,000.