1. Ex. Instructions: You are to identify the accounts that are affected in each of the transactions as to whether they are Assets, Liabilities, Owner's Equity, Revenue and Expense Accounts. You also need to identify the particular account using the chart of accounts above. Finally, determine whether the particular account increased or decreased in every transaction. 2. 4. 5. 6. 3. Rendered services amounting to Php 4,500.00 with only P3,000.00 cash received and the balance is on account. 7. 8. 9. 10. Cash on Hand Accounts Receivable Office Supplies Inventory Prepaid Rent Prepaid Insurance Printing Supplies Printing Equipment Accounts Payable Notes Payable Jhunnex, Capital Jhunnex, Withdrawal Printing Service Revenue Permits and Licenses Salaries and Wages Utilities Expense Office Supplies Expense 13. The owner invested cash into the business amounting to Php 250,000.00 Cash on Hand Asset Increase Jhunnex, Capital Owner's Equity Increase Paid permits and licenses in cash Php 3,200.00 14. Paid advance rent for 6 months, Php 18,000.00 Paid advance insurance for the year, Php 36,000.00 Rendered printing services and received cash of Php 8,000.00 Jhunnex made a withdrawal of Php 10,000.00 cash. Purchased office supplies on account to National Bookstore, Php 25,000.00 Rendered printing services and received cash, Php 35,000.00 Rendered printing services on account, Php 15,000.00 12. Received a bill from Zaneco for the Utilities, Php 4,200.00 Debit Credit 11. Purchased Printing Equipment from Copylandia and issued a promissory note for the account amounting to Php 135,000.00 || Paid the bill to Zaneco. Paid salaries and wages of the office staff and workers, Php 13,000.00 15. Collected the account in No. 3 1​