Mr. Ryan Co, a sole proprietor engaged in service business. He has the following transactions during the month of December, 2020:
\begin{tabular}{|l|r|l|}
\hline \multicolumn{2}{|l|}{} & Parficulars \\
\hline Dec. & 1 & Ryan Co invested the amount of P150,000 \\
\hline & 3 & Paid rent during the month, P10,000 \\
\hline & 7 & Rendered service on account, P30,000 \\
\hline & 3 & Purchased supplies on account, P6,000 \\
\hline & 10 & Returned defective supplies purchased on Dec. 8, P3,500 \\
\hline & 15 & Sent bill to customer for the services rendered on account, P15,000 \\
\hline & 20 & Withdrew cash for personal use, P2,000 \\
\hline & 21 & Received Meralco bill for the month, P7,000 \\
\hline 25 & Recerved payment from customer on account, P5,000 \\
\hline & 30 & Paid salaries, P6,000 \\
\hline
\end{tabular}
179,500
204,500
170,000
300,000