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    Laarni Pascua Transaction

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    Rhealyn Gadaingan
    Laarni Pascua opened a photography studio called Pascua PhotoProfiles in July 2019. During the month, she deposited opening funds of ₱146,200, bought new equipment for ₱71,210 and invested ₱51,620 of personal equipment. She paid various business expenses including rent, supplies, insurance, salaries and repairs. Pascua also received ₱24,440 in professional fees and withdrew ₱9,600 for personal use.

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    Laarni Pascua Transaction

    Uploaded by

    Rhealyn Gadaingan
    574 views1 page
    Laarni Pascua opened a photography studio called Pascua PhotoProfiles in July 2019. During the month, she deposited opening funds of ₱146,200, bought new equipment for ₱71,210 and invested ₱51,620 of personal equipment. She paid various business expenses including rent, supplies, insurance, salaries and repairs. Pascua also received ₱24,440 in professional fees and withdrew ₱9,600 for personal use.

    Original Description:

    TRANSACTIONS

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    Laarni Pascua opened a photography studio called Pascua PhotoProfiles in July 2019. During the month, she deposited opening funds of ₱146,200, bought new equipment for ₱71,210 and invested ₱51,620 of personal equipment. She paid various business expenses including rent, supplies, insurance, salaries and repairs. Pascua also received ₱24,440 in professional fees and withdrew ₱9,600 for personal use.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    574 views1 page

    Laarni Pascua Transaction

    Uploaded by

    Rhealyn Gadaingan
    Laarni Pascua opened a photography studio called Pascua PhotoProfiles in July 2019. During the month, she deposited opening funds of ₱146,200, bought new equipment for ₱71,210 and invested ₱51,620 of personal equipment. She paid various business expenses including rent, supplies, insurance, salaries and repairs. Pascua also received ₱24,440 in professional fees and withdrew ₱9,600 for personal use.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Laarni Pascua, a veteran photographer, opened a studio for her professional practice on July 1, 2019.

    Transactions completed during the month follow:

    1 Deposited ₱146,200.00 in a bank account in the name of business, Pascua PhotoProfiles.

    3 Bought new photography equipment on account from Canon Equipment ₱71,210.00.

    5 Invested personal Photography Equipment into the business, ₱51,620.00.

    7 Paid office rent for the month, ₱5,500.00.

    9 Bought Photography supplies for cash, ₱7,960.00.

    11 Paid premium for insurance cover on phot0graphy equipment, ₱1,240.00

    13 Received ₱8,960.00 as professional fees for services rendered.

    15 Paid salary of part-time assistant, ₱6,000.00.

    17 Received and paid bill for telephone service, ₱640.00.

    20 Paid Canon Equipment part of the amount owed on the purchase of photography equipment,
    ₱4,200.00.

    23 Received ₱15,480.00 as professional fees for services rendered.

    26 Paid minor repairs to photography equipment, ₱760.00.

    31 Pascua withdrew cash for personal use, ₱9,600.00

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