ACCOUNTING JOURNAL is a ledger where accountants record the economic

events or transactions of a business. The annotation of an economic fact in the

accounting journal is called entry.
The ENTRIES are notes recorded by the double entry system and contain debit
entries in one or more credit accounts and other (s) account (s) so that the sum of
debits equal the sum of the credits. This ensures that the accounting equation is
maintained.

JD MONEY
ACCOUNTING JOURNAL
FROM JANUARY 01 TO DECEMBER 31, 2015
DATE

ACCOUNT TITTLE
- 01-

01/12/15 Cash
Bank
Merchandise Inventory
Accounts Payable
Capital
T/R Balance Sheet
-02Cash
04/12/15
Sales 12%
VAT sales
T/R Sales according to the invoice 101
-0310/12/15 Purchase of merchandise 12%
VAT Purchase
Banks
Documents to Pay
Source Withholding Income Tax 1%
T/R Purchases according to the invoice 103
-0419/12/15 Cash
Documents Receivable
Withholding Tax
Sales 12%
VAT sales
T/R Sales according to the invoice 110
22/12/15
-05-

REF

DEBIT

CREDIT

250,00
3.000,00
2.000,00
1.000,00
4.250,00

571,65
510,40
61,25

1656,00
198,72
735,26
1102,90
16,56

314,35
209,57
4,72
472,00
56,64

Cash
Sales 12%
VAT sales
T/R Sales according to the invoice 115
23/12/15
-06Purchase of merchandise 12%
VAT Purchases
Banks
Source Withholding Income Tax 1%
T/R Purchases according to the invoice 120
25/12/15
-07Cash
Documents Receivable
Withholding Tax
Sales 12%
VAT sales
T/R Sales according to the invoice 123
30/12/15
-08Cash
Sales 12%
VAT sales
T/R Sales according to the invoice 140
-09Equipment the office
VAT Purchases
Banks
Source Withholding Income Tax 1%
T/R Purchases according to the invoice 142
31/12/15
-10Salary
Contribution IESS 9,45%
Banks
T/R payment to employees
TOTAL

73,92
66,00
7,92

968,00
116,16
1074,48
9,68

314,35
209,57
4,72
472,00
56,64

772,80
690,00
82,80

30/12/15

MANAGER

300,00
36,00
333,00
3,00

2198,64
221,80
1976.84
13140,59

13140,59

ACCOUNTANT