BEGINNING BAL GENERAL JOURNAL

CASH ON HAND
CASH IN BANK - PHIL BANK 17,887.50
PCF 1,000.00
NOTES RECBLE 1,000.00
A/R 20,671.90 500.00
964.86 ALLW FOR DOUBTFUL ACCTS 1,033.60
INT RECBLE 12.00 12.00
MERCHANDISE INV. BEG 74,672.50
MERCHANDISE INV. END
SUPPLIES INV 5,337.00
PREPAID INS. 1,015.00 1,015.00
EXCESS INPUT TAX 600.00
LAND 50,000.00
BLDG 150,000.00
6000 ACCUMULATED DEP - BLDG 6,000.00
DELIVERY EQ 75,500.00
5008.889 ACCUMULATED DEP -DEL. EQ. 3,888.89
FURNITURE & EQ. 16,008.80
1600.88 ACCUMULATED DEP - FURN & EQ 1,467.44

VOUCHER PAYABLE 34,068.30

UTILITIES PAYABLE 1,279.60
INTEREST PAYABLE
SS, MED, EC, HDMF 3,529.50
W/TAX 1,100.00
LOANS PAYABLE 8,333.33
VAT PAYABLE
INPUT TAX
OUTPUT TAX 53.57
NOTES PAYABLE 120,000.00
INCOME TAX PROVISION PAYABLE
MICHELLE MARQUEZ, CAPITAL 233,004.04
MICHELLE MARQUEZ, PERSONAL
MARCY BANZON, CAPITAL

SALES
SALES RETURNS 446.43
SALES DISCOUNT
PURCHASES
PURCHASES DISCOUNT
PURCHASES RETURNS
SELLING EXPENSES
 ADVERTISING
DELIVERY
DEPRECIATION- BLDG
DEPRECIATION- FURN & EQ
DEPRECIATION- DEL EQ.
GAS & OIL
R/M
SUPPLIES
SS, MED, EC & HDMF
SALARIES
UTILITIES
MISC

GENERAL EXPENSES
BAD DEBTS
DEPRECIATION- BLDG
DEPRECIATION- FURN & EQ
INSURANCE 1,015.00
R/M
SUPPLIES
SS, MED, EC & HDMF
SALARIES
TAXES & LICENSES
UTILITIES
MISC

INTEREST INCOME 12.00

BANK CHARGES
INTEREST EXPENSE

REVENUE & EXPENSE SUMMARY

NET INCOME/(LOSS)

INCOME TAX PROVISION EXPENSE

413,704.70 413,704.70 1,527.00 1,527.00

- -
- -
- -
 VOUCHER CHECK REG SALES CASH RECEIPTS

82,107.31 165,593.90
-

54,560.00

70,345.51 82,273.81
1,279.60

3,529.50 711.30
1,100.00 798.00
7,416.67

4,172.14 17.84
5,845.71

4.04

48,714.29

34,767.86
148.66
 230.00

300.00

8,200.00

52.50

8,200.00

52.50

2,550.00

71,854.81 71,854.81 82,273.81 82,273.81 54,560.00 54,560.00 165,593.90

- - -
- - -
- - -
CASH RECEIPTS TRIAL BAL TOTAL TRIAL BALANCE
DR CR

183,481.40 82,107.31 101,374.09 101,374.09 -

1,000.00 - 1,000.00 1,000.00 -
1,000.00 1,000.00 1,000.00 - -
42,569.90 75,231.90 43,069.90 32,162.00 32,162.00 -
- 1,033.60 (1,033.60) 1,033.60 -
12.00 12.00 - -
74,672.50 - 74,672.50 74,672.50 -
- - - -
5,337.00 - 5,337.00 5,337.00 -
1,015.00 1,015.00 - -
600.00 - 600.00 600.00 -
50,000.00 - 50,000.00 50,000.00 -
150,000.00 - 150,000.00 150,000.00 -
- 6,000.00 (6,000.00) 6,000.00 -
75,500.00 - 75,500.00 75,500.00 -
- 3,888.89 (3,888.89) 3,888.89 -
16,008.80 - 16,008.80 16,008.80 -
- 1,467.44 (1,467.44) 1,467.44 -
- - - -
82,273.81 104,413.81 (22,140.00) 22,140.00 -
1,279.60 1,279.60 - -
- - - -
3,529.50 4,240.80 (711.30) 711.30 -
1,100.00 1,898.00 (798.00) 798.00 -
7,416.67 8,333.33 (916.66) 916.66 -
- - - -
4,172.14 17.84 4,154.30 4,154.30 -
2,357.14 53.57 8,202.85 (8,149.28) 8,149.28 -
- 120,000.00 (120,000.00) 120,000.00 -
- - - -
- 233,004.04 (233,004.04) 233,004.04 -
4.04 - 4.04 4.04 -
100,000.00 - 100,000.00 (100,000.00) 100,000.00 -
- - - -
19,642.86 - 68,357.15 (68,357.15) 68,357.15 -
446.43 - 446.43 446.43 -
- - - -
34,767.86 - 34,767.86 34,767.86 -
- 148.66 (148.66) 148.66 -
- - - -
- - - 8,782.50 (8,782.50)
 - - - -
230.00 - 230.00 230.00
- - - -
- - - -
- - - -
300.00 - 300.00 300.00
- - - -
- - - -
- - - -
8,200.00 - 8,200.00 8,200.00
- - - -
52.50 - 52.50 52.50
- - - -
- - - 8,252.50 (8,252.50)
- - - - -
- - - -
- - - -
1,015.00 - 1,015.00 1,015.00 -
- - - -
- - - -
- - - -
8,200.00 - 8,200.00 8,200.00
- - - -
- - - -
52.50 - 52.50 52.50
- - - -
- - - -
24.00 12.00 24.00 (12.00) 12.00 -
- - - -
2,550.00 - 2,550.00 2,550.00 -
- - - -
- - - -
- - - -
- - - -
- - - -

- - - -
- - - -

165,593.90 789,514.22 789,514.22 - 566,627.02 566,627.02 -

- - -
- - -
- - -
ADJUSTING ENTRIES ADJUSTED TRIAL BALANCE INCOME STATEMENT
DR CR DR CR DR CR

25.00 101,349.09
1,000.00
-
32,162.00
68.74 964.86
-
74,672.50 74,672.50
75,500.00 75,500.00
450.00 4,887.00
-
600.00 -
50,000.00
150,000.00
6,000.00 12,000.00
75,500.00 -
5,008.89 8,897.78
16,008.80 -
1,600.88 3,068.32
- -
- 22,140.00
890.00 890.00
- -
810.70 1,522.00
- 798.00
- 916.66
3,394.98 - 3,394.98
4,154.30
8,149.28 - -
- 120,000.00
- -
- 233,004.04
4.04 -
- 100,000.00
- -
- 68,357.15 - 68,357.15
446.43 - 446.43 -
- - - -
34,767.86 - 34,767.86 -
- 148.66 - 148.66
- - - -
- - -
 - - - -
230.00 230.00 -
3,000.00 3,000.00 3,000.00 -
800.44 800.44 800.44 -
5,008.89 5,008.89 5,008.89 -
300.00 300.00 -
- - -
150.00 150.00 150.00 -
405.35 405.35 405.35 -
8,200.00 8,200.00 -
445.00 445.00 445.00 -
52.50 52.50 -
- - - -
- -
68.74 (68.74) (68.74) -
3,000.00 3,000.00 3,000.00 -
800.44 800.44 800.44 -
1,015.00 1,015.00 -
- - -
300.00 300.00 300.00 -
405.35 405.35 405.35 -
8,200.00 8,200.00 -
- - -
445.00 445.00 445.00 -
52.50 52.50 -
- - - -
- - - -
- 12.00 - 12.00
25.00 25.00 25.00 -
2,550.00 - 2,550.00 -
- - -
75,500.00 75,500.00 - 75,500.00
-
- 145,203.52 144,017.81
- 1,185.71

-
-

98,503.49 98,503.49 651,614.45 651,614.45 145,203.52 145,203.52

- - -
- - -
- - -
FINANCIAL POSITION
DR CR

101,349.09
1,000.00
-
32,162.00
- 964.86

75,500.00
4,887.00
-
-
50,000.00
150,000.00
- 12,000.00
75,500.00 -
- 8,897.78
16,008.80 -
- 3,068.32
- -
- 22,140.00
- 890.00
- -
- 1,522.00
- 798.00
- 916.66
- 3,394.98
- -
- -
- 120,000.00
- -
- 233,004.04
4.04 -
- 100,000.00
506,410.93 507,596.64
1,185.71 -

507,596.64 507,596.64
-
-
-