Problem:

Joshlia Garcia established a small business, Garcia Computer Training Center, to teach
individuals how to use Microsoft Office like Excel, Word, PowerPoint Presentation and other
computer techniques. Below are the transactions for the month of November 2022:

Nov. 1 Joshlia began the business by investing Cash of P184,000

Nov. 3 Purchased Computer Sets on account from Gerald Computer Shop P140,000
Nov. 6 Paid first month’s rent expense, P5,600
Nov. 8 Paid for advertisement in the local newspaper, P2,000
Nov. 10 Received P20,000 from 5 students who enrolled in the 5-day course
Nov. 12 Paid Wages to a part-time helper, P3,000
Nov. 14 Paid Utility bill for the month, P2,200
Nov. 16 Billed two other students who attended the course but did not pay in Cash,
P8,000
Nov. 20 Made a partial payment to Gerald Computer Shop on computers purchased on
account on Nov. 3, P50,000
Nov. 22 Received P4,000 from one student billed on Nov. 16
Nov. 25 Purchased additional computer set from Gerald Computer on account, P15,000
Nov. 30 Withdrew Cash for personal use, P6,000

Required: 1. Prepare Journal Entries using the following accounts:

Cash
Accounts Receivable
Computer Equipment
Accounts Payable
Garcia, Capital
Garcia, Drawings
Tuition Revenue
Wages Expense
Utility Expense
Rent Expense
Advertising Expense