DATE TRANSACTION v
John Rivera made an initial contribution to the
Jul-01 business by depositing money into the company's P400,000
bank account.
Purchased laptop from Wilmy, Inc. for office use.
1 90,000
Payment term: COD (Cash on Delivery)
2 Paid office rental for 6 months 60,000
Received 200 reams of bond papers
4 (inventory) ordered from Jessa Corp. Payment 60,000
terms: 2/10, n/30.
Delivered 150 reams of bond papers to Jerone
7 Company. Payment terms: 2/10, n/20. The cost of 67,500
the merchandise was P45,000.
8 Paid the July 4 purchases 58,800
15 Paid salary of the employee 7,000
16 Received payment from the July 7 sales 66,150
Sold 20 reams of bond papers to Elmira
18 Company. Elmira picked up the merchandise from 9,000
the store. Payment term: 15 days. Cost of
merchandise was P6,000
Received 10 boxes of ballpoint pens from Anjy.
19 50,000
Inc. Payment terms: COD
Over the counter sale of four (4) boxes of ballpoint
22 pens to Nestor Company. 26,000
Cost of merchandise was P 20,000
23 Received 10 calculators from Cristian 8,000
Corporation. Payment terms: 30 days.
Sold six (6) calculators to Cristine Company.
24 Cristine picked up the merchandise from the store. 9,600
Payment Term: 15 days. Cost of merchandise was
P4,800
25 Paid electricity bill. 4
Received two (2) defective calculators from
26 Cristine Company. Cost of defective calculators is 3,200
P1,600.
Over the counter cash withdrawal by the
31 20,000
owner, John Rivera, for his personal expenses.
Business/Bank
forms to be filled up Journal
Deposit slip
Cash Receipt Journal
Purchase Order, Check Cash Disbursement
Voucher, Bank Check Journal
Check Voucher, Bank Cash Disbursement
Check Journal
Purchase Order, Purchases Journal /
Receiving Report General Journal
Delivery Receipt, Sales Sales Journal / General
Invoice Journal
Check Voucher, Bank Cash Disbursement
Check Journal
Check Voucher, Bank Cash Disbursement
Check Journal
Official Receipt, Check
Cash Receipt Journal
Deposit
Sales Journal / General
Sales Invoice
Journal
Purchase Order, Purchases Journal /
Receiving Report General Journal
Sales Invoice, Official
Cash Receipt Journal
Receipt
Purchase Order, Purchases Journal /
Receiving Report General Journal
Sales Journal / General
Sales Invoice
Journal
Check Voucher, Bank Cash Disbursement
Check Journal
Sales Journal / General
Receiving Report
Journal
Cash Disbursement
Withdrawal Slip
Journal
SALES JOURNAL
Date Accounts Debited Invoice No. Ref.
Jul-07 Cash 1000
J. Rivera, Capital 3100
18 Account Receivable 1200
Sales 4100
Cost of Goods Sold 5100
Inventory 1300
24 Account Receivable 1200
Sales 4100
Cost of Goods Sold 5100
Inventory 1300
Totals
NAL
Dr. Accounts Receivable Dr. Cost of Goods Sold
Cr. Sales Revenue Cr. Inventory
₱67,500 P 45, 000
₱67,500 P45000
P 9,000
P 9,000
P 6,000
P 6,000
P 15, 000
P 15, 000
P 4,800
P 4,800
P 91,500 P 55,800
CASH RECEIPT JOURNAL
Dr. Sales
Discount
Date Accounts Credited Ref. Dr. Cash
Jul-01 J. Rivera, Capital 3100 P 400,000
16 Accounts Receivable 1200 P 66,150
22 Sales 4100 P 26,000
Total P 492,150
ECEIPT JOURNAL
Cr.
Cr. Sales Accounts Cr. Other
Revenue Receivable Accounts
Dr. Cost of Goods Sold
Cr. Inventory
PURCHASE JOURNAL
Date Accounts Credited Terms Ref.
Jul-04 Accounts Payable 2000
23 Accounts Payable 2000
TOTAL
Dr. Inventory
Cr. Accounts Payable
P 60,000
P 8,000
P68,000
CASH DISBURSEMENT JOURNAL
Date Check No. Accounts Debited Ref Dr. Other Accounts
Jul-01 Office Equipment 1600
2 Rent Expense 6300
8 Accounts Payable 2000
15 Salaries Expense 6100
25 Utilities Expense 6200
31 J. Rivera, Drawings 3000
TOTAL
NAL
Dr. Accounts Dr.
Payable Inventory Cr. Cash
P 60,000
58,800
7,000
4,000
20,000
90,000
P 239,800
GENERAL JOURNAL
Date Account Number Particulars Ref.
Jul-04 1300 Inventory
2000 Account Payable
7 1200 Account Receivable
4100 Sales Revenue
7 5100 Cost of Goods Sold
1300 Inventory
18 1200 Accounts Receivable
4100 Sales Revenue
18 5100 Cost of Goods Sold
1300 Inventory
19 1300 Inventory
1000 Cash
23 1300 Inventory
2000 Accounts Payable
24 1200 Accounts Receivable
4100 Sales Revenue
24 5100 Cost of Goods Sold
1300 Inventory
26 1300 Inventory
1000 Cash
TOTAL
Debit Credit
P60,000
60,000
67,500
67,500
45,000
45,00
9,000
9,000
6,000
6,000
50,000
50,000
8,000
8,000
9,600
9,600
4,800
4,800
1,600
1,600
P 261,500 P261,500
GENERAL LEDGER
GL Account - <CASH> Account Number #1000
Date Ref Debit Credit Balance
Jul-01 400,000 400,000
1 90,000 310,00
2 60,000 250,000
8 58,800 191,200
15 7,000 184,200
16 66,150 250,350
19 50,000 200,350
22 26,000 226,350
25 4,000 222,350
26 1,600 223,950
31 20,000 203,950
GL Account - <SALES> Account Number #4100
Date Ref Debit Credit Balance
Jul-07 67,500 67,500
18 9,000 76,500
22 26,000 102,500
24 9,600 112,100
GL Account - <COGS> Account Number #5100
Date Ref Debit Credit Balance
Jul-07 45,000 45,000
18 6,000 51,000
24 4,800 55,800
GL Account - <INVENTORY> Account Number #1300
Date Ref Debit Credit Balance
Jul-04 60,000 60,000
7 45,000 15,000
18 6,000 9,000
19 50,000 59,000
23 8,000 67,000
24 4,800 62,000
26 1,600 63,800
SUBSIDIARY LEDGERS
AR Subsidiary Account - <Customer's Name> Customer IDNumber
Date Ref Debit Credit
SUBSIDIARY LEDGERS
AP Subsidiary Account - <Supplier's Name> Suppliers ID Number
Date Ref Debit Credit
Balance
Balance
COMPANY NAME
Worksheet
Date
Account Adjusted
Number Account Tit Account Title Adjustments Trial Balance
Debit Credit Debit Credit Debit Credit
Income Statement Balance Sheet
Debit Credit Debit Credit
