Simple Accounting Problem.

2. JANUARY 1
Mr. Ellevera invested 800,000 to his
Computer Shop business and name it
Miles IT Solution.

3. JANUARY 2
The company purchased 5 sets of
Computers and 5 Built-in Printers
worth 200,000 from Octagon.

4. JANUARY 3
The company purchased Office
Supplice fro Gaisano worth 100,000.

5. JANUARY 5
The accompany acquired tables, chairs
and fixtures from Ayala Mall worth
150,000.00.

6. JANUARY 8
The company rendered services from
DepEd Misamis Oriental worth
250,000.00 and will be paid within a
month.

7. JANUARY 10
Mr. Ellevera withdraw 100,000.

8. JANUARY 11
Miles IT Solutions acquired an
equipment for tarpaulin printing
worth 300,000. as per agreement, the
company will pay within a year.

9. JANUARY 15
Rendered services worth 200,000 from
LGU Claveria.

10. JANUARY 17
Service rendered worth 130,000 from
LGU Gingoog. They paid 100,000 as
advance payment and other will be
paid after 10 days.

11. JANUARY 25
Paid their rent worth 50,000 for the
month of January 2023.

12. JANUARY 29
Paid the Salaries worth 185,000.

13. JANUARY 29
LGU Gingoog paid their remaining
balance.

14. JANUARY 30
Mr. Ellevera returned the money to the
company from January 10
transactions.

15. JANUARY 31
DepEd Mis Or paid their obligation.

16. JANAURY 31
The company acquired another 10
sets of Computers on account from
Octagon.