Professional Documents
Culture Documents
AMV Bookstore Ledger
AMV Bookstore Ledger
Cash
General Ledger – 101
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning Balance ₱ 250,000 Jan 07, 2018 Partial payment to ₱ 29,000
Publishing House B
Jan 31, 2018 Collection from Mr. 80,00 Feb 20 Partial payment to 65,000
Co 0 Publishing House B
Feb 14 Cash sales 200,000 28 Withdrawal for 10,000
Personal use
Cash 04 Collection from Mr. 75,000 Mar 15 Payments to Mrs. 62,000
Tabag Beticon
19 Cash sales 50,000 May 03 Partial payment to 24,500
Bookstore B
Apr 09 Collection from Mr. 30,000 June 30 Partial payment to 10,000
Volfango Bookstore C
14 Cash sales 70,000 July 19 Partial payment to 12,000
Publishing House A
May 17 Collection from Ms. 19,800 Sep 19 Partial payment to 20,000
Madrid Bookstore A
July 30 Additional investment 40,000 20 Partial payment to 5,00
Bookstore A 0
Aug 20 Collection from Ms. 10,000 Oct 07 Payment for delivery 4,00
Sta. Maria 0
21 Collection from Mr. 60,000 31 Withdrawal for 15,000
Hizon personal use
Dec 09 Collection from Mrs. 77,000 Nov 19 Payment of salaries 33,000
Hinayon
17 Cash sales 400,000 30 Partial payment to 28,000
Bookstore B
30 Payment for Utilities 30,000
Accounts Receivable
General Ledger – 102
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 100,000 Jan 31, 2018 Collections from Mr. ₱ 80,000
Co
Mar 02, 2018 Credit sales to Mr. Mar 04 Collections from Mr. 75,000
Tabag 100,000 Tabag
Apr 07 Credit sales to Ms. Apr 09 Collections from Mr. 30,000
Madrid 20,000 Volfango
07 Credit sales to Mr. May 17 Collections from Ms. 20,000
Volfango 30,000 Madrid
June 27 Credit sales to Ms. Aug 20 Collections from Ms. 10,000
Sta. Maria 10,000 Sta. Maria
July 09 Credit sales to Mrs. 21 Collections from Mr. 60,00
Hinayon 95,000 Hizon
21 Credit sales to Mr. Dec 09 Collections from 77,00
Hizon 85,000 Mrs. Hinayon
Dec 12 Credit sales to Mr. 14 Returned goods from 1,000
Hizon 25,000 Mr. Hizon
Total 465,000 Total 353,000
Inventory
General Ledger – 104
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 50,000
AMV BOOKSTORE & EDUCATIONAL SUPPLY
Supplies
General Ledger – 105
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 4,000
Prepaid Insurance
General Ledger – 106
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 22,000
Land
General Ledger – 201
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 300,000
Building
General Ledger – 202
Date Particulars F Debit Date Particulars F Credit
Dec 31, 2017 Beginning balance ₱ 450,000
AMV BOOKSTORE & EDUCATIONAL SUPPLY
Accounts Payable
General Ledger – 301
Date Particulars F Debit Date Particulars F Credit
Jan 07, 2018 Partial payment to ₱ 29,000 Dec 31, Beginning balance ₱ 62,000
Publishing House B 2017
Feb 20 Partial payment to 65,000 Jan 05, Purchases on account 286,000
Publishing House B 2018 to Publishing House
B
Mar 15 Payment to Mrs. 62,000 Feb 13 Purchases on account 70,000
Beticon to Publishing House
B
May 03 Partial payment to 25,000 Apr 30 Purchases on account 75,000
Bookstore B to Bookstore B
June 30 Partial payment to 10,000 June 07 Purchases on account 35,000
Bookstore C to Bookstore C
July 19 Partial payment to 12,000 July 14 Purchases on account 95,000
Publishing House A to Publishing House
A
Sept 19 Partial payment to 20,000 Sept 11 Purchases on account 370,000
Bookstore A to Bookstore A
20 Partial payment to 5,000 Nov 17 Purchases on account 150,000
Bookstore A to Book Store B
Nov 18 Returned defective 5,000
good to Bookstore B
30 Partial payment to 28,000
Bookstore B
Total 260,000 Total 1,163,000
Mortgage Payable
General Ledger - 401
Date Particulars F Debit Date Particulars F Credit
Dec 15, 2018 Payment to mortgage ₱ 15,000 Dec 31, Beginning balance ₱475,000
2017
Balance as of Dec 31, ₱460,000
2018
Velasco, Drawing
General Ledger – 502
Date Particulars F Debit Date Particulars F Credit
Feb 28, 2018 Withdrawal for ₱ 10,000
personal use
Oct 31 Withdrawal for 15,000
personal use
Balance as of Dec 31, ₱ 25,000
2018
Sales
General Ledger – 601
Date Particulars F Debit Date Particulars F Credit
Sales Discounts
General Ledger – 603
Date Particulars F Debit Date Particulars F Credit
Purchases
General Ledger – 701
Date Particulars F Debit Date Particulars F Credit
Jan 05 Purchases on account ₱286,000
to Publishing House
B
Feb 13 Purchases on account 90,000
to Publishing House
B
Apr 30 Purchases on account 7,500
to Bookstore B
June 07 Purchases on account 35,000
to Bookstore C
July 14 Purchases on account 95,000
to Publishing House
A
Sept 11 Purchases on account 370,000
to Bookstore A
Nov 17 Purchases on account 150,000
to Bookstore B
Balance as of Dec 31, ₱1,101,00
2018 0
Purchase Discount
General Ledger – 703
Freight-in
General Ledger – 704
Date Particulars F Debit Date Particulars F Credit
Salaries Expense
General Ledger – 706
Date Particulars F Debit Date Particulars F Credit
Utilities Expense
General Ledger – 707
Date Particulars F Debit Date Particulars F Credit