Ma. Sofia Y.

Valladolid
BABA 1-A
ACCT101_A

The accounts and transactions of Evelyn Tria, ASSETS

Systems Consultant, are shown below: Cash
1. Invested P150,000 in cash to start the business. Dr. Cr.
2. Paid P7,500 for one month’s rent. 1 150,000 2 7,500
3. Bought office furniture for P26,000 in cash. 4 10,500 3 26,000
4. Performed services for P10,500 in cash. 8 7,000 6 27,500
5. Performed services for P12,750 on credit. 11 10,250 7 9,500
6. Bought a desktop computer for P55,000; 13 6,000 10 32,500
paid 50% down, balance payable in 30 days. 14 4,000
7. Acquired a personal copier for P39,500 on credit; 15 2,250
paid P9,500 cash, balance due in 30 days. 16 2,500
8. Received P7,000 from credit clients. 17 10,000
9. Bought additional office chairs for P8,000 on credit. 183,750 121,750
10. Issued a check for P32,500 to pay for salaries. 62,000
11. Performed services for P10,250 in cash.
12. Performed services for P11,500 on credit. LIABILITIES
13. Collected P6,000 on accounts receivable. Accounts Payable
14. Issued a check for P4,000 in partial payment Dr. Cr.
of the amount owed for office chairs. 14 4,000 6 27,500
15. Paid P2,250 for the monthly telephone bill. 7 30,000
16. Paid P2,500 for the monthly electric bill. 9 8,000
17. Tria withdrew P10,000 in cash 65,500
for personal expenses. 61,500

OWNER'S EQUITY
Salaries Expense
Dr. Cr.
10 32,500
 ASSETS ASSETS ASSETS
Accounts Receivable Office Furniture Office Equipm
Dr. Cr. Dr. Cr.
5 12,750 8 7,000 3 26,000 6
12 11,500 13 6,000 9 8,000 7
24,250 13,000 34,000
11,250

OWNER'S EQUITY OWNER'S EQUITY OWNER'S EQU

Tria, Capital Tria, Drawing Consulting Reve
Dr. Cr. Dr. Cr.
1 150,000 17 10,000

OWNER'S EQUITY OWNER'S EQUITY OWNER'S EQU

Rent Expense Utilities Expense Miscellaneous Ex
Dr. Cr. Dr. Cr.
2 7,500 15 2,250
16 2,500
4,750
 ASSETS
Office Equipment
Dr. Cr.
55,000
39,500
94,500

OWNER'S EQUITY
Consulting Revenues
Dr. Cr.
4 10,500
5 12,750
11 10,250
12 11,500
45,000

OWNER'S EQUITY
Miscellaneous Expense
Dr. Cr.