Republic of the Philippines

Department of Education
Region I, Ilocos Norte
Batac Junior College
City of Batac

TRANSACTIONS
Visperas Computer Shop………………………………………………17 Transaction
Guada Marie Dental Clinic…………………………………………….11 Transaction
Wendy’s Laundry Shop………………………………..……………….15 Transaction
Abellano Internet Café………………………………………………….12 Transaction
BM Consultancy Services..……………………………………………15 Transaction

By: April Jessa Mae S. Aguigam

(11 – ABM Camia)
Republic of the Philippines
Department of Education
Region I, Ilocos Norte
 Batac Junior College
City of Batac

Ms. Girlie Ann Cadiente Pitpit

Dear Ma’am,
I would like to submit the final output which regards to our subject Empowerment
Technology and has the following reports which are the:
 Journal Entries
 General Ledger (Posting)
 Trial Balance
The after mentioned transaction are made using Microsoft Excel and Microsoft Word.
 Visperas Computer Shop
Journal Entry
July, 2015

2015 PARTICULARS P/R DEBIT CREDIT

July 1 Cash L1 ₱ 100,000
Visperas, Capital L2 ₱ 100,000
To record investment

2 Office Equipment L3 12,000

Accounts Payable L4 12,000
To record purchased equipment on account

3 Office Equipment L3 6,000

Cash L1 6,000
To record purchased equipment

6 Office Equipment L3 10,000

Accounts Payable L4 10,000
To record purchased equipment on account

7 Office Equipment L3 50,000

Visperas, Capital L2 50,000
To record investment

10 Cash L1 40,000
Mortgage Payable L13 40,000
To record borrowed money

15 Cash L1 75,000
Visperas, Capital L2 75,000
To record additional investment

16 Salaries and Wages Expense L5 15,000

Cash L1 15,000
To record expenses paid

17 Mortgage Payable L13 20,000

Cash L1 20,000
To record partial payment

20 Furniture and Fixtures L6 10,000

Acccounts Payable L4 10,000
To record purchased furniture on account

21 Accounts Receivable L7 30,000

Service Income L8 30,000
To record service income

25 Cash L1 10,000
Accounts Receivable L7 10,000
To record collected billed on account
27 Cash L1 45,000
Service Income L8 45,000
To record service income

28 Communication Expense L9 5,000

Rent expense L10 10,000
Cash L1 15,000
To record expenses paid

29 Utilities Expense L11 3,000

Cash L1 3,000
To record received bill

30 Visperas, Drawing L12 5,000

Cash L1 5,000
To record withdrawal

31 Utilities Expense L11 2,000

Salaries and Wages Expense L5 15,000
Cash L1 17,000
To record expenses paid
 Visperas Computer Shop
Posting
July, 2015

CASH L1
2015 P/R DEBIT 2015 P/R CREDIT
July 1 J1 ₱ 100,000 July 3 J1 ₱ 6,000
10 J1 40,000 16 J1 15,000
15 J1 75,000 17 J2 20,000
25 J2 10,000 28 J2 15,000
27 J1 45,000 29 J2 3,000
30 J2 5,000
31 J2 17,000
₱ 270,000 ₱ 81,000
₱ 189,000

VISPERAS, CAPITAL L2
July 1 J1 ₱ 100,000
7 J1 50,000
15 J1 75,000
₱ 225,000

OFFICE EQUIPMENT L3
July 2 J1 ₱ 12,000
3 J1 6,000
6 J1 10,000
7 J1 50,000
₱ 78,000

ACCOUNTS PAYABLE L4
July 2 J1 ₱ 12,000
6 J1 10,000
20 J2 10,000
₱ 32,000

SALARIES AND WAGES EXPENSE L5

July 16 J1 ₱ 15,000
31 J2 15,000
₱ 30,000

FURNITURE AND FIXTURES L6

July 20 J2 ₱ 10,000

ACCOUNTS RECEIVABLE L7
July 21 J2 ₱ 30,000 July 25 J2 ₱ 10,000
₱ 20,000

SERVICE INCOME L8
July 21 J2 ₱ 30,000
27 J2 45,000
₱ 75,000
 Visperas Computer Shop
Trial Balance
July, 2015

ACCOUNT TITLES P/R DEBIT CREDIT

Cash L1 ₱ 189,000
Accounts Receivable L7 20,000
Office Equipment L3 78,000
Furniture and Fixtures L6 10,000
Accounts Payable L4 ₱ 32,000
Mortgage Payable L13 20,000
Visperas, Capital L2 225,000
Visperas,Drawing L12 5,000
Service Income L8 75,000
Communication Expense L9 5,000
Rent Expense L10 10,000
Salaries Expense L1 30,000
Utilities Expense L7 5,000
Totals ₱ 352,000 ₱ 352,000
 Guada Marie Dental Clinic
Journal Entry
July, 2016

2016 PARTICULARS P/R DEBIT CREDIT

July 1 Cash L1 ₱ 70,000
Furniture and Fixtures L2 15,000
Guada Marie, Capital L3 ₱ 85,000
To record investment and purchases

2 Cash L1 50,000
Notes Payable L4 50,000
To record the borrowed money

3 Cash L1 10,000
Accounts Receivable L5 20,000
Service Income L6 30,000
To record services rendered

4 Guada Marie, Withdrawal L7 10,000

Cash L1 10,000
To record Guada Marie drawing

5 Dental Supplies L8 30,000

Accounts Payable L9 15,000
Cash L1 15,000
To record purchases on account and cash

5 Advances to Employees L10 5,000

Cash L1 5,000
To record advances to employees

6 Accounts Payable L9 1,000

Dental Supplies L8 1,000
To record deffective supplies

7 Utilities Expense L11 4,800

Cash L1 4,800
To record utilities expense

8 Cash L1 15,000
Service Income L6 15,000
To record services rendered

9 Cash L1 20,000
Accounts Receivable L5 20,000
To record the full payment of services

10 Salaries and Wages Expense L12 14,500

Cash L1 14,500
To record salaries and wages expense
 Guada Marie Dental Clinic
Posting
July, 2016

CASH L1
2016 P/R DEBIT 2016 P/R CREDIT
July 1 J1 ₱ 70,000 July 4 J1 ₱ 10,000
2 J1 50,000 5 J1 15,000
3 J1 10,000 5 J1 5,000
8 J1 15,000 7 J1 4,800
9 J2 20,000 10 J10 14,500
₱ 165,000 ₱ 49,300
₱ 115,700

FURNITURE AND FIXTURES L2

July 1 J1 ₱ 15,000

GUADA MARIE, CAPITAL L3

July 1 J1 ₱ 85,000

NOTES PAYABLE L4
July 2 J1 ₱ 50,000

ACCOUNTS RECEIVABLE L5
July 3 J1 ₱ 20,000 July 9 J2 ₱ 20,000

SERVICE INCOME L6
July 3 J1 ₱ 30,000
8 J1 15,000
₱ 45,000

GUADA MARIE, WITHDRAWAL L7

July 4 J1 ₱ 10,000

DENTAL SUPPLIES L8
July 5 J1 ₱ 30,000 July 6 J1 ₱ 1,000
₱ 29,000

ACCOUNTS PAYABLE L9
July 6 J1 ₱ 1,000 July 5 J1 ₱ 15,000
J1 ₱ 14,000

ADVANCES TO EMPLOYEES L10

July 5 J1 ₱ 5,000

UTILITIES EXPENSE L11

July 7 J1 ₱ 4,800

SALARIES AND WAGES EXPENSE L12

July 10 J2 ₱ 14,500
 Guada Marie Dental Clinic
Trial Balance
July, 2016

ACCOUNT TITLES P/R DEBIT CREDIT

Cash L1 ₱ 115,700
Dental Supplies L8 29,000
Furniture and Fixtures L2 15,000
Advances to Employees L10 5,000
Accounts Payable L9 ₱ 14,000
Notes Payable L4 50,000
Guada Marie, Capital L3 85,000
Guada Marie, Withdrawal L7 10,000
Service Income L6 45,000
Utilities Expense L11 4,800
Salaries and Wages Expense L12 14,500
Totals ₱ 194,000 ₱ 194,000
 Wendy's Laundry Shop
Journal Entry
February, 2019

2019 PARTICULARS P/R DEBIT CREDIT

Feb 1 Laundry Equipment L1 ₱ 70,000
Accounts Payable L2 ₱ 70,000
To record purchased equipment on

3 Accounts Receivable L3 1,200

Service Income L4 1,200
To record services rendered

4 Laundry Supplies L5 3,000

Cash L6 3,000
To record purchased supplies

5 Prepaid Rent L11 54,000

Cash L6 54,000
To record expenses paid

6 Cash L6 830
Service Income L4 830
To record services rendered

8 Cash L6 50,000
Wendy's Capital L7 50,000
To record additional investment

9 Cash L6 600
Laundry Supplies L5 600
To record returned supplies

11 Accounts Receivable L3 25,000

Service Income L4 25,000
To record services rendered

12 Repair and Maintenance Expense L8 5,000

Cash L6 5,000
To record expenses paid

15 Advances to Employees L9 1,000

Cash L6 1,000
To record cash advances

19 Accounts Payable L2 20,000

Cash L6 20,000
To record partial payment
20 Wendy's Capital L7 10,000
Cash L6 10,000
To record Wendy withdrawal

22 Cash L6 1,200
Accounts Receivable L3 1,200
To record full outstanding balance

26 Salaries and Wages Expense L10 6,000

Advances to Employees L9 1,000
Cash L6 5,000
To record expenses paid

28 Cash L6 67,000
Service Income L4 67,000
To record services rendered
 Wendy's Laundry Shop
Posting
February, 2019

LAUNDRY EQUIPMENT L1
2019 P/R DEBIT 2019 P/R CREDIT
Feb 1 J1 ₱ 70,000

ACCOUNTS PAYABLE L2
Feb 19 J2 ₱ 20,000 Feb 1 J1 ₱ 70,000
₱ 50,000

ACCOUNTS RECEIVABLE L3
Feb 3 J1 ₱ 1,200 Feb 22 J2 ₱ 1,200
11 J1 25,000
₱ 26,200
₱ 25,000

SERVICE INCOME L4
Feb 3 J1 ₱ 1,200
6 J1 830
11 J1 25,000
28 J2 67,000
₱ 94,030

LAUNDRY SUPPLIES L5
Feb 4 J1 ₱ 3,000 Feb 9 J1 ₱ 600
₱ 2,400

CASH L6
Feb 6 J1 ₱ 830 Feb 4 J1 ₱ 3,000
8 J1 50,000 5 J1 54,000
9 J1 600 12 J1 5,000
22 J2 1,200 15 J1 1,000
28 J2 67,000 19 J2 20,000
₱ 119,630 20 J2 10,000
₱ 21,630 26 J2 5,000
₱ 98,000

WENDY'S CAPITAL L7
Feb 20 J2 ₱ 10,000 Feb 8 J1 ₱ 50,000
₱ 40,000

REPAIR AND MAINTENANCE EXPENSE L8

Feb 12 J1 ₱ 5,000

ADVANCES TO EMPLOYEES L9
Feb 15 J1 ₱ 1,000 Feb 26 J2 ₱ 1,000

SALARIES AND WAGES EXPENSE L10

Feb 26 J2 ₱ 6,000

PREPAID RENT L11

Feb 5 J1 ₱ 54,000
 Wendy's Laundry Shop
Trial Balance
February, 2019

ACCOUNT TITLES P/R DEBIT CREDIT

Cash L6 ₱ 21,630
Accounts Receivable L3 25,000
Laundry Equipment L1 70,000
Laundry Supplies L5 2,400
Prepaid Rent L11 54,000
Accounts Payable L2 ₱ 50,000
Wendy's Capital L7 40,000
Service Income L4 94,030
Repair and Maintenance Expense L8 5,000
Salaries and Wages Expense L1O 6,000
Totals ₱ 184,030 ₱ 184,030
 Abellano Internet Café
Journal Entry
January, 2018

2018 PARTICULARS P/R DEBIT CREDIT

Jan 1 Cash L1 ₱ 200,000
Abellano, Capital L2 ₱ 200,000
To record initial investment

2 Internet Equipment L3 50,000

Cash L1 50,000
To record purchased equipment

3 Internet Equipment L3 10,000

Accounts Payable L4 10,000
To record purchased equipment on account

4 Internet Supplies L5 2,000

Cash L1 2,000
To record purchased supplies

9 Cash L1 50,000
Service Income L6 50,000
To record service rendered

15 Salaries and Wages Expense L7 10,000

Cash L1 10,000
To record expenses paid

16 Communication Expense L8 20,000

Cash L1 20,000
To record expenses paid

24 Utilities Expense L9 2,000

Cash L1 2,000
To record expenses paid

25 Abellano, Withdrawal L10 5,000

Cash L1 5,000
To record Abellano drawing

26 Accounts Payable L4 5,000

Cash L1 5,000
To record partial payment

29 Cash L1 100,000
Abellano, Capital L2 100,000
To record partial payment

31 Supplies Expense L11 1,500

Cash L1 1,500
To record supplies expense
 Abellano Internet Café
Posting
January, 2018

CASH L1
2018 P/R DEBIT 2018 P/R CREDIT
Jan 1 J1 ₱ 200,000 Jan 2 J1 ₱ 50,000
9 J1 50,000 4 J1 2,000
29 J2 100,000 15 J1 10,000
₱ 350,000 16 J1 20,000
₱ 254,500 24 J1 2,000
25 J1 5,000
26 J2 5,000
31 J2 1,500
₱ 95,500

ABELLANO, CAPITAL L2
Jan 1 J1 ₱ 200,000
29 J2 100,000
₱ 300,000

INTERNET EQUIPMENT L3
Jan 2 J1 ₱ 50,000
3 J1 10,000
₱ 60,000

ACCOUNTS PAYABLE L4
Jan 26 J2 ₱ 5,000 Jan 3 J1 ₱ 10,000
₱ 5,000

INTERNET SUPPLIES L5
Jan 4 ₱ 2,000

SERVICE INCOME L6
Jan 9 J1 ₱ 50,000

SALARIES AND WAGES EXPENSE L7

Jan 15 J1 ₱ 10,000

COMMUNICATION EXPENSE L8
Jan 16 J1 ₱ 20,000

UTILITIES EXPENSE L9
Jan 24 J1 ₱ 2,000

ABELLANO, WITHDRAWAL L10

Jan 25 J1 ₱ 5,000

SUPPLIES EXPENSE L11

Jan 31 J2 ₱ 1,500
 Abellano Internet Café
Trial Balance
January, 2018

ACCOUNT TITLES P/R DEBIT CREDIT

Cash L1 ₱ 254,500
Internet Supplies L5 60,000
Internet Equipment L3 2,000
Accounts Payable L4 ₱ 5,000
Abellano, Capital L2 300,000
Abellano, Withdrawal L10 5,000
Service Income L6 50,000
Communication Expense L8 20,000
Salaries Expense L7 10,000
Supplies Expense L11 1,500
Utilities Expense L9 2,000
Totals ₱ 355,000 ₱ 355,000
 BM Consultancy Services
Journal Entry
June, 2018

2018 PARTICULARS P/R DEBIT CREDIT

June 1 Office Equipment L2 ₱ 25,000
Furniture and Fixtures L3 20,000
Cash L1 300,000
Accounts Payable L17 ₱ 5,000
BM, Capital L4 340,000
To record initial investment

2 Taxes and Licenses Expense L5 20,000

Cash L1 20,000
To record expenses paid

3 Office Supplies L6 12,000

Cash L1 3,000
Accounts Payable L17 9,000
To record purchased supplies on account

4 Accounts Receivable L7 30,000

Service Income L8 30,000
To record services rendered

5 Representation and Entertainment Expense L9 3,500

Cash L1 3,500
To record expenses paid

6 Accounts Payable L17 9,000

BM, Capital L4 9,000
To record paid liability

7 Advances to Employees L10 2,500

Cash L1 2,500
To record cash advances

8 BM, Withdrawal L12 40,000

Cash L1 40,000
To record the drawing

9 Office Equipment L2 60,000

Accounts Payable L17 30,000
Cash L1 30,000
To record purchased equipment

10 BM, Capital L4 50,000

Cash L1 50,000
To record permanent drawing

11 Notes Receivable L13 50,000

Service Income L8 50,000
To record services rendered
12 Cash L1 100,000
Notes Payable L14 100,000
To record loan

13 Cash L1 25,000
Unearned Service Income L11 25,000
To record services rendered

14 Utilities Expense L15 7,500

Cash L1 7,500
To record expenses paid

15 Salaries and Wages Expense L16 20,000

Cash L1 17,500
Advances to Employees L10 2,500
To record expences
 BM Consultancy Services
Posting
June, 2018

CASH L1
2018 P/R DEBIT 2018 P/R CREDIT
June 1 J1 ₱ 300,000 June 2 J1 ₱ 20,000
12 J2 100,000 3 J1 3,000
13 J2 25,000 5 J1 3,500
₱ 425,000 7 J1 2,500
₱ 251,000 8 J2 40,000
9 J2 30,000
10 J2 50,000
14 J2 7,500
15 J2 17,500
₱ 174,000

OFFICE EQUIPMENT L2
June 1 J1 ₱ 25,000
9 J2 60,000
₱ 85,000

FURNITURE AND FIXTURES L3

June 1 J1 ₱ 20,000

BM, CAPITAL L4
June 10 J2 ₱ 50,000 June 1 J1 ₱ 340,000
6 J1 9,000
₱ 349,000
₱ 299,000

TAXES AND LICENSES EXPENSE L5

June 2 J1 ₱ 20,000

OFFICE SUPPLIES L6
June 3 J1 ₱ 12,000

ACCOUNTS RECEIVABLE L7
June 4 J1 ₱ 30,000

SERVICE INCOME L8
June 4 J1 ₱ 30,000
11 J2 50,000
₱ 80,000

REPRESENTATION AND ENTERTAINMENT EXPENSE L9

June 5 J1 ₱ 3,500

ADVANCES TO EMPLOYEES L10

June 7 J1 ₱ 2,500 June 15 J2 ₱ 2,500
 UNEARNED SERVICE INCOME L11
June 13 J2 ₱ 25,000

BM, WITHDRAWAL L12

June 8 J2 ₱ 40,000

NOTES RECEIVABLE L13

June 11 J2 ₱ 50,000

NOTES PAYABLE L14

June 12 J2 ₱ 100,000

UTILITIES EXPENSE L15

June 14 J2 ₱ 7,500

SALARIES AND WAGES EXPENSE L16

June 15 J2 ₱ 20,000

ACCOUNTS PAYABLE L17

June 6 J1 ₱ 9,000 June 1 J1 ₱ 5,000
3 J1 9,000
9 J2 30,000
₱ 44,000
₱ 35,000
 BM Consultancy Services
Trial Balance
June, 2018

ACCOUNT TITLES P/R DEBIT CREDIT

Cash L1 ₱ 251,000
Accounts Receivable L7 30,000
Notes Receivable L13 50,000
Office Equipment L2 85,000
Office Supplies L6 12,000
Furniture and Fixtures L3 20,000
Accounts Payable L17 ₱ 35,000
Notes Payable L14 100,000
Unearned Service Income L11 25,000
BM, Capital L4 299,000
BM, Withdrawal L12 40,000
Service Income L8 80,000
Taxes and Licenses Expense L5 20,000
Utilities Expense L15 7,500
Representation and Entertainment Expense L9 3,500
Salaries and Wages Expense L16 20,000
₱ 539,000 ₱ 539,000