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Iyana Melgar Enterprise Chart of Account Assets Liabilities Account Name Account Name Account Code Account Code

The document outlines the chart of accounts for Iyana Melgar Enterprise including asset, liability, equity, expense and income accounts. It also provides examples of account transactions including opening balances, expenses and payments.

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Judy Silvestre Bẹnóng
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425 views9 pages

Iyana Melgar Enterprise Chart of Account Assets Liabilities Account Name Account Name Account Code Account Code

The document outlines the chart of accounts for Iyana Melgar Enterprise including asset, liability, equity, expense and income accounts. It also provides examples of account transactions including opening balances, expenses and payments.

Uploaded by

Judy Silvestre Bẹnóng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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IYANA MELGAR ENTERPRISE

Chart of Account

ASSETS LIABILITIES
Account Account
Account Name Account Name
Code Code
1000 Cash on Hand 2000 Accounts Payable
1001 Cash in bank 2001 Notes Payable
1002 Accounts Receivable 2002 Salaries Payable
1003 Prepaid Rent 2003 Taxes Payable
1004 Prepaid Insurance 2004 SSS Payable
1005 Office Supplies 2005 Pag-ibig Payable
1006 Laundry Supplies 2006 Philhealth Payable
1007 Merchandise Inventory
1008 Raw Materials Inventory
1009 Work in Process Inventory Equity
Account
1010 Finished Goods Inventory Account Name
Code
1011 Patents 3000 Melgar, Capital
1012 Copyrights 3001 Melgar, Withdrawal
1013 Franchises
1014 Trademarks
1015 Brand Names
1016 Land
1017 Building
1018 Office Equipment
1019 Transportation Equipment
1020 Machineries

EXPENSES INCOME (REVEBUES)


Account Account
Account Name Account Name
Code Code
5000 Salaries Expense 4000 Service Income / Revenue
5001 Taxes & Licenses Expenses
5002 Rent Expense
5003 Utility Expense
5004 Transportation Expense
5005 Communication Expense
5006 Laudry Expenses
5007 Repair Expense
5008 Supplies Expense
5009 Insurance Expense
5010 Fuel Expense
5011 Cost of Sales
5012 Depreciation Expense
Date
Description PR Debit

1 Cash 100,000.00
Melgar, Capital

2 Electricity Expense 2,000.00


Communication Expense 500.00
Water Expense 1,000.00
Cash
Credit

100,000.00

3,500.00
Account Name: CASH ACCOUNT CODE: 1000

Date
Description PR Debit
Balance
Credit
Debit Credit
Accounts Payable Office Supplies
Debit (Dr.) Credit (Cr.) Debit (Dr.)
5,000.00 10,000.00 10,000.00

5,000.00 10,000.00 10,000.00


5,000.00 10,000.00
Office Supplies Cash
Credit (Cr.) Debit (Dr.) Credit (Cr.)
100,000.00 5,000.00

- 100,000.00 5,000.00
95,000.00
Melgar, Capital
Debit (Dr.) Credit (Cr.)

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