Cash Accounts Receivable Accounts Payable Purchases Purchase R n A

DR CR DR CR DR CR DR CR DR
784.00 300.00 425.00 800.00 3,800.00 1,500.00 1,500.00 200.00
1,450.00 3,762.00 525.00 40.00 3,000.00 1,500.00 1,500.00
1,200.00 750.00 915.00 75.00 1,500.00 1,420.00 1,420.00
750.00 72.00 115.00 120.00
950.00 95.00 2,000.00 600.00
2,000.00 150.00
2,940.00
1,470.00
150.00
600.00
65.00
150.00
500.00
7,134.00 11,004.00 1,865.00 3,030.00 9,020.00 4,420.00 4,420.00 200.00 0.00
3,870.00 1,165.00 4,600.00 4,220.00

Sales R n A Sales Discount Canlas, Drawing Wages Expense Rent Expense

DR CR DR CR DR CR DR CR DR
40.00 16.00 600.00 150.00 300.00
75.00 200.00 150.00
115.00 150.00

230.00 0.00 16.00 0.00 800.00 0.00 450.00 0.00 300.00

230.00 16.00 800.00 450.00 300.00

Utilities Expense Supplies Expense Dep. Exp. Store Dep. Exp. Office Acc. Dep. Store
DR CR DR CR DR CR DR CR DR
150.00 0.00 500.00 200.00 100.00 0.00 120.00 0.00 0.00
150.00 300.00 100.00 120.00
Bad Debts Expense Allowance for BD Supplies Interest Payable
DR CR DR CR DR CR DR CR
200.00
Purchase R n A Purchase Discount Sales
CR DR CR DR CR
120.00 38.00 425.00
60.00 1,450.00
30.00 525.00
1,200.00
750.00
950.00
915.00

120.00 0.00 128.00 0.00 6,215.00

120.00 128.00 6,215.00

Rent Expense Advertising Expense Freight In

CR DR CR DR CR
95.00 72.00
65.00

0.00 95.00 0.00 137.00 0.00

95.00 137.00

Acc. Dep. Store Acc. Dep. Office Interest Exp

CR DR CR DR CR
100.00 0.00 120.00
100.00 120.00
 Journal Entry Trial Balance

Particulars Debit Credit Account Titles

Oct-01 Purchases 1500 Cash
Accounts Payable 1500 Accounts Receivable
G. Elizag
2 Rent Expense 300 N. Apacible
Cash 300 M. Bantug
R. Cruz
3 Accounts Receivable 425 R. Dijamco
Sales 425 L. Buencamino
Allowance for Bad Debts
4 Cash 784 Supplies
Sales Discount 16 Merchandise Inventory
Accounts Receivable 800 Store Equipment and Furniture
Accumulated Depreciation Store E&F
5 Accounts Payable 3800 Office Equipment and Furniture
Purchase Discount 38 Accumulated Depreciation Office E&F
Cash 3762 Account Payable
Dizon Wholesales
6 Purchases 1500 Reyes Company
Accounts Payable 1500 Chan Trading
Artadi Commercial
7 Cash 1450 Notes Payable
Sales 1450 Interest Payable
Pedro Canlas, Capital
8 Wages Expense 150 Pedro Canlas, Drawing
Canlas, Drawing 600 Sales
Cash 750 Sales Returns and Allowances
Sales Discount
10 Sales Returns and Allowances 40 Purchases
Accounts Receivable 40 Purchase Returns and Allowances
Purchase Discount
11 Freight In 72 Freight In
Cash 72 Rent Expense
Wages Expense
12 Accounts Receivable 525 Advertising Expense
Sales 525 Supplies Expense
Utilities Expense
13 Advertising Expense 95 Depreciation Expense - Store E & F
Cash 95 Depreciation Expense - Office E&F
Interest Expense
14 Cash 1200 Bad Debts Expense
Sales 1200 TOTAL
Income Summary
15 Wages Expense 150
Cash 150
16 Accounts Payable 3000
Purchase Discount 60
Cash 2940

17 Purchases 1420
Accounts Payable 1420

18 Accounts Payable 1500

Purchase Discount 30
Cash 1470

19 Accounts Payable 120

Purchase Returns and Allowa 120

20 Sales Returns and Allowances 75

Accounts Receivable 75

21 Cash 750
Sales 750

22 Wages Expense 150

Canlas,Drawing 200
Purchases 200
Cash 150

24 Accounts Payable 600

Cash 600

25 Cash 950
Sales 950

26 Freight In 65
Cash 65

27 Accounts Receivable 915

Sales 915

28 Utilities Expense 150

Cash 150

29 Sales Returns and Allowances 115

Accounts Receivable 115

30 Supplies Expense 500

Cash 500

31 Cash 2000
Accounts Receivable 2000
25117 25117
 alance
Unadjusted Adjustments Adjusted Income Statement Balance Sheet
nt Titles Dr Cr Dr Cr Dr Cr Dr Cr Dr
880 880 880
3915 3915 3915

bts 979 979

500 200 200 200
y 6245 6245 6245 7585 7585
Furniture 7500 7500 7500
ation Store E&F 2400 100 2500
Furniture 4500 4500 4500
ation Office E&F 1000 120 1120
5685 5685

5000 5000
150 150
9390 9390
g 800 800 800
6215 6215 6215
owances 230 230 230
16 16 16
4220 4220 4220
Allowances 120 120 120
128 128 128
137 137 137
300 300 300
450 450 450
95 95 95
200 300 300
150 150 150
- Store E & F 100 100 100
- Office E&F 120 120 120
150 150 150
979 979 979
29938 29938 1549 1549 31287 31287 13492 14048 25380
556
14048 14048 25380
Balance Sheet
Cr

979

2500

1120
5685

5000
150
9390

24824
556
25380