3-Sep Cash 25,000 Cash Prof.

Income Integrated Consultancy

Porter, Capital 25,000 25,000 1,000 100000 Income Statement
100,000 15,000 40000 For the Month Ended September 30,2015
5,000 140,000
6-Sep Electronic Equipment 100,000 15,000 Prof. Income PHP 140,000
Accounts Payable 100,000 5,000 Advertising Expense Advertising Expense 5,000
17,500 5,000 Seminar Expense 5,000
4,500 Utilities Expense 2,500
11-Sep Office Supplies 1,000 Seminar Expense Salary Expense 4,500
Cash 1,000 125,000 63,000 5,000 Supplies Expense 500
62,000 Rent Expense 15,000 32,500
14-Sep Rent Deposit 15,000 Utilities Expense PHP 107,500
Cash 15,000 A/R 2,500
40,000
15-Sep Cash 100,000 Salary Expense
Prof. Income 100,000 Office Supplies 4,500
1000 500 Integrated Consultancy
22-Sep Advertising Expense 5,000 500 Supplies Expense Balance Sheet
Cash 5,000 500 September 30,2015
Electronic Equipment
27-Sep Accounts Receivable 40,000 100,000 Rent Expense Assets:
Prof. Income 40,000 15,000 Cash PHP 62,000
Rent Deposit Accounts Receivable 40,000
28-Sep Porter, withdrawal 15,000 15,000 Office Supplies 500
Cash 15,000 Electronic Equipment 100,000
Accounts Payable Rent Deposit 15,000
29-Sep Seminar Expense 5,000 100000 Total Assets PHP 217,500
Cash 5,000
Porter, Capital Liabilities and Propprietorship
30-Sep Utilities Expense 2,500 25000 Accounts Payable PHP 100,000
Rent Expense 15,000 Porter, Capital 25,000
Cash 17,500 Porter, withdrawal -15,000
Porter, withdrawal Net income 107,500
30-Sep Salary Expense 4,500 15000 Total Liabilities and Prop. PHP 217,500
Cash 4,500

Supplies Expense 500

Office Supplies 500