Irene Trinidad M.

Lacson BSA - 1A
Page 1

Date Descriptions/ Particulars F Debit Credit

2021
March 2 Purchases 7 4 0 0 0
Accounts Payable 7 4 0
To record purchased goods on account

3 Accounts Receivable 1 0 0 0 0
Sales 1 0 0
To record sales on account for goods sold

5 Cash 7 0 0 0
Sales 7 0
To record sales of goods

6 Purchases 4 2 0 0 0
Accounts Payable 4 2 0
To record purchased goods on account

7 Freight-In 5 7 0
Accounts Payable 5
To record invoice of freight In expense

9 Accounts Receivable 3 8 0 0 0
Sales 3 8 0
To record goods sold on account

10 Purchases 2 6 0 0 0
Freight In 5 0 0
Accounts Payable 2 6 5
To record purchased goods on account

11 Freight-Out 2 9 1
Accounts Payable 2
To record invoice of freight out expense

12 Accounts Payable 7 4 0 0 0
Purchased Discount 1 4
Cash 7 2 5
To record of payment of March 2 transaction
with 2% discount

13 Cash 9 9 0 0
Sales Discount 1 0 0
Accounts Receivable 1 0 0
To record payment received with
1% discount for goods sold last March 3

14 Accounts Payable 2 1 0 0 0
Purchased Discount 4
Cash 2 0 5
To record partial payment of March 6
purchased with 2% discount
15 Accounts Payable 3 0 0 0
Purchased Return and Allowances 3 0
To record returned goods purchased
on account

16 Office Supplies 4 7 8 0
Accounts Payable 4 7
To record purchased office supplies on
account

17 Cash 1 8 8 1 0
Sales Discount 1 9 0
Accounts Receivable 1 9 0
To record partial payment of goods sold
last March 9 with 1% discount

18 Accounts Payable 2 3 5 0 0
Purchased Discount 4
Cash 2 3 0
To record payment of purchased goods less
return with 2% discount

19 Accounts Receivable 7 8 0 0
Sales 7 8
To record goods sold on account

20 Accounts Payable 1 2 8 0
Office Supplies 1 2
To record returned goods purchased
on account

22 Sales Return and Allowances 1 8 0 0

Accounts Receivable 1 8
To record sold goods returned last March 16

25 Accounts Payable 3 5 0 0
Cash 3 5
To record payment of purchases less returns

26 Accounts Payable 8 6 1
Cash 8
To record payment of freight charges
for March 7 & 11

27 Cash 5 8 8 0
Sales Discount 1 2 0
Accounts Receivable 6 0
To record payment of goods sold last March 19
with less sales returns and 2% discount

28 Accounts Payable 2 1 0 0 0
Cash 2 1 0
To record final payment of March 6
 purchased

31 Cash 9 7 3 0
Sales 9 7
To record goods sold
Credit

0 0

0 0

0 0

0 0

7 0

0 0

0 0

9 1

8 0
2 0

0 0

2 0
8 0
0 0

8 0

0 0

7 0
3 0

0 0

8 0

0 0

0 0

6 1

0 0

0 0
3 0