KHAPIE PASTIES BROILER ENTERPRISE

GENERAL JOURNAL
FIRST CYCLE

J-1

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
0
2 May 8 Cash 10 6 1 0 0 0 2
00
3 KHAPIES PASTIES Capital 40 6 1 0 0 3

4 To record the invested start-up capital 4

5 5
0
6 8 Expense – Farm Supplies 63 1 0 0 6
00
7 Inventory-Farm Supplies 15 1 0 7

8 To record incurred farm supplies such as (2) packs 8

9 of powdered soap per D.R. No.01. 9

10 10
0
11 11 Expense – Rent 66 4 0 0 0 11
00
12 Cash 10 4 0 0 12

13 To record payment in advance for half of the rental 13

14 fee of the poultry house per D.R.No.02. 14

15 15
2
16 17 Inventory- Office Supplies 16 3 8 5 16
25
17 Cash 10 3 8 17

18 To record purchased of one (1) pack of Journal (1) 18

19 pack of ledger (1) piece of notebook (1) piece of 19

Ball pen per Sales Invoice No. 276804.
20 20

21 21
00
22 17 Inventory – Farm Supplies 15 9 0 22
10 00
23 Cash 9 0 23

24 To record purchased of (2) pieces watt bulb 24

per Sales Invoice No. 276804.
25 25

26 26
0
0
27 17 Inventory – Veterinary Drugs 14 2 8 7 27
00

28 Cash 10 2 8 7 28

29 To record purchased of veterinary drugs such as 29

(14) packs of doxycycline per Sales Invoice No. 8309.
30 30

31 31
5
32 17 Inventory – Feed Supplies 17 1 5 4 4 0 32
50
33 Cash 10 1 5 4 4 33
34 To record purchased of feeds such as (1) of B-Meg 34

35 Integra 1000, (0.50 kg ) of CTC and (1) pack of 35

36 Electrolytes per Sales Invoice No. 29253. 36

J-2

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
17 0
2 May Inventory-Farm Supplies 15 8 5 0 2
00
3 Cash 10 8 5 3

4 To record purchased of farm supplies such as (3) 4

5 Kg of newspaper and (2) bottles of Benzalkonium 5

6 Chloride per D.R.No.03. 6

7 7
17 0
8 Expense – Transportation 5 0 0 8
00
9 Cash 5 0 9
To record payment for transportation per D.R.No.04
10 10

11 11
19 0
12 Inventory - Stocks 12 3 4 0 0 0 12
10 00
13 Cash 3 4 0 0 13

14 To record purchased stocks such as (100) Hubbard 14

15 Broilers per Sales Invoice No. 11013. 15

16 16
19 62 5
17 Expense – Veterinary Drugs 8 0 17
Inventory – Veterinary Drugs 14 50
18 8 18

19 To record consumed (1) pack of Electrolytes per 19

20 Sales Invoice No. 29253. 20

21 21
20 60
22 Expenses - Stocks 22
0
23 Inventory - Stocks 12 3 4 0 23
00
24 To record decrease in inventory-stocks due to 3 4 24

25 Mortality of (1) broiler. 25

26 26

27 25 27
0
28 Expenses - Stocks 60 3 4 0 28
12 00
29 Inventory - Stocks 3 4 29
To record decrease in inventory-stocks due to
30 30

31 Mortality of (1) broiler. 31

32 32
 26 14 0
33 Inventory – Veterinary Drugs 6 6 0 33
10 00
34 Cash 6 6 34
To record purchased veterinary drugs such as (3)
35 35
36 36
Packs - per Sales Invoice No. 29266.

J-3

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
28 10 0
2 May Cash 1 0 0 0 0 2
40 00
3 KHAPIES PATIES Capital 1 0 0 0 3
To record invested additional capital.
4 4

5 5
0
6 28 Inventory - Feeds 13 1 0 8 5 0 6
00
7 Cash 10 1 0 8 5 7

8 To record purchased feeds such as 35 kg of 8

9 B-MEG Integra 1000 per Sales Invoice No. 28370. 9

10 10
0
11 28 Expense-Veterinary drugs 62 6 6 0 11
00

12 Inventory – Veterinary drugs 14 6 6 12

13 To record consumed veterinary drugs such as (3) 13

14 Packs of Vetracine Gold per Sales Invoice No. 29266. 14

15 15
0
16 30 Expense – Feeds 61 1 3 8 6 0 16
00
17 Inventory – Feeds 13 1 3 8 6 17

18 To record consumed feeds such as one sack of 18

19 B-MEG Integra 1000 per Sales Invoice No. 29253. 19

20 20

21 21
0
22 30 Expense- Farm supplies 63 7 5 0 22
00
23 Inventory- Farm supplies 15 7 5 23

24 To record consumed (3) kg of newspaper per 24

25 D.R. No. 03. 25

26 26
0
27 June 6 Cash 10 3 1 0 0 0 27
00
28 KHAPIES PASTIES Capital 40 3 1 0 0 28

29 To record invested additional capital. 29

30 30
0
31 6 Inventory – Feeds 13 2 7 1 2 0 31
 00
32 Cash 10 2 7 1 2 32

33 To record purchase feeds such as (2) sack of B-MEG 33

34 Integra 2000 per Sales Invoice No. 28385. 34

35 35
36 36

J-4

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
6 00
2 June Expense - Transportation 65 3 0 2
00
3 Cash 10 3 0 3

4 To record payment of Transportation. 4

5 5
00
6 6 Expense- Feeds 61 1 0 8 5 6
00
7 Inventory – Feeds 13 1 0 8 5 7

8 To record .consumed feeds such as 35 kg of 8

B-MEG Integra 1000 per Sales Invoice No. 28370.
9 9

10 10
9 00
11 Expense-Veterinary drugs 62 2 8 7 11
00
12 Inventory – Veterinary drugs 14 2 8 7 12
To record consumed veterinary drugs such as (14)
13 13
Packs of Doxycycline per Sales Invoice No. 8309.
14 14

15 15

16 16
14 75
17 Cash 10 1 8 1 9 17
75
18 KHAPIES PASTIES Capital 40 1 8 1 9 18

19 To record the invested start-up capital. 19

20 20
00
21 14 Inventory – Feeds 13 2 0 3 1 21
00
22 Cash 10 2 0 3 1 22

23 To record purchased feeds such as sack and 22.50 23

Kg of B-MEG Integra 2000 per Sales Invoice No.
24 24

25 28370. 25

26 26
14 65 00
27 Expense – Transportation 2 0 27
Cash 10 00
28 2 0 28
To record payment for transportation per
29 29
D.R.No.06
30 30

31 31
 14 00
32 Expense-Veterinary drugs 62 1 5 0 32
00
33 Inventory – Veterinary drugs 14 1 5 0 33
To record consumed veterinary drugs such as 0.50
34 34
Kg of Chlortetracycline per per Sales Invoice No.
35 35
36 29253. 36

J-5

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
16 00
2 June Expense – Farm Supplies 63 3 0 2
00
3 Inventory-Farm Supplies 15 3 0 3

4 To record consumed farm supplies such as (2) 4

Bottles of Benzalkonium Chloride per D.R. No. 03
5 5

6 6
16 00
7 Expense- Feeds 61 2 7 1 2 7
00
8 Inventory – Feeds 13 2 7 1 2 8
To record consumed feeds such as (2) sack of
9 9

10 B-MEG Integra 2000 per Sales Invoice No. 28385 10

11 11
20 Cash 10 00
12 4 3 4 2 12
Sales – Broilers (Dressed Chicken) 51 00
13 4 3 4 2 13

14 To record sales in total of 33.40 kg of dressed 14

chicken per Sales Invoice Nos. 01 to 10.
15 15

16 16
00
17 20 Accounts Receivable 11 2 3 1 4 17
00
18 Sales- Entrails and other body parts 53 2 3 1 4 18

19 To record sales in total of 17.80 kg of entrails and 19

20 Other Body parts per Sales Invoice Nos. 11 to 12. 20

21 21
20 Cash 10 00
22 5 1 6 22
Sales- Entrails and other body parts 53 00
23 5 1 6 23

24 To record sales in total of 6.10 kg of entrails and 24

25 Other Body parts per Sales Invoice Nos. 13 to 15. 25

26 26
20 Cash 10 00
27 2 8 3 27
Sales- Entrails and other body parts 53 00
28 2 8 3 28

29 To record sales in total of 2.95 kg of entrails and 29

30 Other Body parts per Sales Invoice Nos. 16 to 17. 30

31 31
20 65 00
32 Expense – Marketing 5 0 32
Cash 10 00
33 5 0 33
To record incurred marketing expense such as (2)
34 34
Piece of ecobag big) and (1) pack plastic bag per
35 35
36 per D.R.No.07. 36

J-6

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
20 65 00
2 June Expense – Marketing 2 1 2
Cash 10 00
3 2 1 3
To record incurred marketing expense such as
4 4
Load per D.R. No.08.
5 5

6 6
20 65 00
7 Expense – Marketing 1 0 0 7
Cash 10 00
8 1 0 0 8
To record incurred marketing expense for the
9 9
delivery of dressed chicken per D.R. No. 09.
10 10

11 11
20 60
12 Expenses - Stocks 12
00
13 Inventory - Stocks 12 1 5 3 0 13
00
14 To record decrease in inventory-stocks due to 1 5 3 0 14

15 Sales of 45 broilers. 15

16 16
00
17 21 Expense- Feeds 61 2 0 3 1 17
00
18 Inventory – Feeds 13 2 0 3 1 18

19 To record .consumed feeds such as 22.50 kg of 19

B-MEG Integra 2000 per Sales Invoice No. 29274
20 20

21 21
22 Cash 10 00
22 1 4 9 5 22
Sales – Broilers (Dressed Chicken) 51 00
23 1 4 9 5 23

24 To record sales in total of 11.50 kg of dressed 24

chicken per Sales Invoice Nos. 18 to 23.
25 25

26 26
22 Account Receivable 11 50
27 5 9 6 0 27
Sales – Broilers (Dressed Chicken) 51 50
28 5 9 6 0 28
29 To record sales in total of 45.85 kg of dressed 29
chicken per Sales Invoice Nos. 24 to 36.
30 30

31 31
22 Cash 10 00
32 1 5 4 32
Sales – Broilers (Live weight chicken) 52 00
33 1 5 4 33

34 To record sales in total of 11.50 kg of live weight 34

chicken per Sales Invoice No.37.
35 35
36 36

J-7

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
22 Cash 10 50
2 June 6 6 4 2
Sales- Entrails and other body parts 53 50
3 6 6 4 3

4 To record sales in total of 7.90 kg of entrails and 4

5 Other Body parts per Sales Invoice Nos. 38 to 42. 5

6 6
22 65 00
7 Expense – Marketing 1 0 7
Cash 10 00
8 1 0 8
To record incurred marketing expense for such as
9 9
(1) pack of plastic bag per D.R.No.10.
10 10

11 11
22 60
12 Expenses - Stocks 12
00
13 Inventory - Stocks 12 1 8 0 2 13
00
14 To record decrease in inventory-stocks due to 1 8 0 2 14

15 Sales of 35 broilers. 15

16 16
00
17 22 Expense - Labor 13 4 8 5 17
00
18 Cash 10 4 8 5 18

19 To record .payment for the caretaker as labor fee 19

Per D.R. No. 11 to 12.
20 20

21 21
00
22 22 Expense - Labor 13 1 0 5 0 22
00
23 Cash 10 1 0 5 0 23
24 To record .payment for the caretaker as labor fee 24
Per D.R.No.13.
25 25

26 26
22 Account Receivable 11 50
27 5 5 3 27
Cash 10 50
28 5 5 3 28
To record collection of account receivable per
29 29
Sales Invoice No.12.
30 30

31 31
22 Cash 10 00
32 5 0 32
Other sales 56 00
33 5 0 33
To record sales in total of (5) empty sacks
34 34
per Sales Invoice No. 43.
35 35
36 36

J-8

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
26 Account Receivable 11 50
2 June 3 4 3 5 2
Cash 10 50
3 3 4 3 5 3
To record collection of account receivable per
4 4
Sales Invoice Nos. 11, 13, 14, 15, 25, 27, 29, 30, 31,
5 35 5

6 6
27 Account Receivable 11 50
7 2 4 8 9 7
Cash 10 50
8 2 4 8 9 8
To record collection of account receivable per
9 9
Sales Invoice Nos. 24, 33, 34, 36.
10 10

11 11
29 Account Receivable 11 00
12 2 3 1 2 12
Cash 10 00
13 2 3 1 2 13
To record collection of account receivable per
14 14
Sales Invoice Nos. 26, 28, 32, 37.
15 15

16 16
00
17 29 Expense – Rent( 66 4 0 0 17
00
18 Cash 10 4 0 0 18

19 To record .payment for the remaining balance of 19

Rental house per D.R. No.14
20 20

21 21
00
22 29 Expenses - Rent 66 4 0 0 22
 00
23 Prepaid - Rent 21 4 0 0 23

24 To record incurred pre-paid rent. 24

25 25

26 26
29 Management Fee 69 50
27 1 0 0 0 27
Cash 10 50
28 1 0 0 0 28
To record payment for management fee for
29 29
Entrepreneur per D.R.No.15.
30 30

31 31
00
32 29 Expense- Farm supplies 63 4 5 32
00
33 Inventory- Farm supplies 15 4 5 33

34 To record consumed farm supplies such as (2) 34

35 Of 50 watt bulb. 35
36 36

J-9

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
6 2
5
2 June 29 Expense – Office supplies 9 3 8 2
1 25

3 Inventory- Office Supplies 6 3 8 3

4 To record consumed office supplies such as (1) 4

5 Pack journal sheet, (1) ledger, (1) notebook, and (1) 5

6 Ball pen. 6

7 7
5 5
0
8 29 Sales - Broilers 5 2 4 5 6 9 8
9 50

9 Revenue and Expense Summary 0 2 4 5 6 9 9

10 To close sales account 10

11 11
9 7
5
12 29 Revenue and Expense Summary 0 1 5 3 5 5 12
6 00

13 Expense- Stocks 3 1 5 9 4 13
6 00

14 Expense-Feeds 4 7 6 5 0 14
6 50

15 Expense-Veterinary Drugs 5 1 8 9 7 15
6 00

16 Expense- Farm Supplies 3 1 6 0 16

6 25

17 Expense-Office Supplies 4 3 8 17
6 00

18 Expense-Transportation 5 1 0 0 18
6 00

19 Management Fee 8 1 0 0 0 19
 7 00

20 Expense-Marketing 1 1 8 1 20
7 00

21 Expense-Labor 2 1 5 3 5 21
7 00

22 Expense-Rent (Production Area) 3 1 2 0 0 22

23 23

24 To close expenses account 24

25 25
9 7
5
26 29 Revenue and Expense Summary 0 9 2 1 3 26
4 75

27 KHAPIE PASTIES Capital 0 9 2 1 3 27

28 To transfer net income to capital account 28

29 29

30 30

31 31

32 32

33 33

34 34

35 35
36 36
 KHAPIE PASTIES BROILER ENTERPRISE
GENERAL JOURNAL
SECOND CYCLE

J-10

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
75
2 July 03 Cash 10 9 2 1 3 2
75
3 Accounts Receivable 11 9 2 1 3 3

4 To record collected accounts receivable per S. 4

5 5
00
6 03 Expense – Farm Supplies 63 1 0 6
00
7 Inventory-Farm Supplies 15 1 0 7

8 To record incurred farm supplies such as (2) packs 8

9 of powdered soap per D.R. No.16. 9

10 10
25
11 05 Inventory- Office Supplies 16 3 8 11
25
12 Cash 10 3 8 12

13 To record purchased of one (1) pack of Journal (1) 13

14 pack of ledger (1) piece of notebook (1) piece of 14

Ball pen per D.R. No.17
15 15

16 16
05 00
17 Inventory – Veterinary Drugs 14 2 8 7 17
10 00
18 Cash 2 8 7 18

19 To record purchased of veterinary drugs such as 19

(14) packs of doxycycline per Sales Invoice No. 8443.
20 20

21 21
00
22 05 Inventory-Farm Supplies 15 7 0 22
00
23 Cash 10 7 0 23

24 To record purchased farm supplies such as (3) kg 24

25 of newspaper and (2) bottles of Benzalkonium 25

Chloride per D.R. No. 18.
26 26
50
27 05 Inventory – Feed Supplies 17 2 6 2 9 27
50
28 Cash 10 2 6 2 9 28
29 To record purchased of feeds such as (1) sack of B- 29

30 Meg Integra 1000, (0.50 kg ) of CTC and (1) pack of 30

Electrolytes per Sales Invoice No. 29299.
31 31

32 32
05 00
33 Expense – Transportation 5 0 33
00
34 Cash 5 0 34
To record payment for transportation per D.R.No.19.
35 35
36 36

J-11

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
00
2 July 05 Expense – Rent 66 8 0 0 2
00
3 Cash 10 8 0 0 3

4 To record payment in advance for half of the rental 4

5 fee of the poultry house per D.R.No.20. 5

6 6
07 00
7 Inventory - Stocks 12 3 5 0 0 7
10 00
8 Cash 3 5 0 0 8

9 To record purchased stocks such as (100) Hubbard 9

10 Broilers per Sales Invoice No. 1030. 10

11 11
07 62 50
12 Expense – Veterinary Drugs 8 12
Inventory – Veterinary Drugs 14 50
13 8 13

14 To record consumed (1) pack of Electrolytes per 14

15 Sales Invoice No. 29299. 15

16 16

17 17

18 18
11 60
19 Expenses - Stocks 19
00
20 Inventory - Stocks 12 7 0 20
00
21 To record decrease in inventory-stocks due to 7 0 21

22 Mortality of (2) broiler. 22

23 23
 14 60
24 Expenses - Stocks 24
00
25 Inventory - Stocks 12 3 5 25
00
26 To record decrease in inventory-stocks due to 3 5 26

27 Mortality of (1) broiler. 27

28 28
00
29 20 Expense- Farm supplies 63 6 0 29
00
30 Inventory- Farm supplies 15 6 0 30

31 To record consumed (3) kg of newspaper per 31

32 D.R. No. 18. 32

33 33

34 34
.
35 35
36 36

J-12

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
50
2 July 25 Inventory – Feed Supplies 17 4 7 4 3 2
50
3 Cash 10 4 7 4 3 3

4 To record purchased of feeds such as (3) sack of B- 4

5 Meg Integra 2000 and 22.50 per kg per Sales Invoice 5

No. 29241.
6 6

7 7
25 00
8 Expense – Transportation 5 0 8
00
9 Cash 5 0 9
To record payment for transportation per D.R.No.19.
10 10

11 11
00
12 25 Expense- Feeds 61 2 4 7 1 12
00
13 Inventory – Feeds 13 2 4 7 1 13

14 To record .consumed feeds such as 35 kg of 14

B-MEG Integra 1000 per Sales Invoice No. 29299.
15 15

16 16
28 62 00
17 Expense – Veterinary Drugs 2 8 7 17
Inventory – Veterinary Drugs 14 00
18 2 8 7 18

19 To record consumed (14) packs of Doxycycline per 19

20 Sales Invoice No. 8443. 20

21 21
29 62 00
22 Expense – Veterinary Drugs 1 5 0 22
Inventory – Veterinary Drugs 14 00
23 1 5 0 23

24 To record consumed 0.50 kg of Chlotretracycline per 24

25 Sales Invoice No. 29299. 25

26 26
Aug 00
27 04 Expense- Farm supplies 63 1 0 27
00
28 Inventory- Farm supplies 15 1 0 28

29 To record consumed (2) bottles of Benzalkonium 29

30 Chloride per D.R. No. 18 30

31 31
04 62 50
32 Expense – Veterinary Drugs 6 1 32
Inventory – Veterinary Drugs 14 50
33 6 1 33

34 To record incurred (3) packs of Doxycycline per 34

35 Sales Invoice No. 8671. 35

36 36

J-13

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
10 Cash 10 00
2 Aug 3 6 1 2 2
Sales – Broilers (Dressed Chicken) 51 00
3 3 6 1 2 3

4 To record sales in total of 28.80 kg of dressed 4

chicken per Sales Invoice No. 43.
5 5

6 6
00
7 10 Accounts Receivable 11 3 3 4 7
00
8 Sales- Entrails and other body parts 53 3 3 4 8

9 To record sales in total of 3.80 kg of entrails and 9

10 Other Body parts per Sales Invoice Nos. 44 to 46 10

11 11
10 65 00
12 Expense – Marketing 5 0 12
Cash 10 00
13 5 0 13
To record incurred marketing expense for the
14 14
delivery of dressed chicken per D.R. No. 21.
15 15

16 16
10 60
17 Expenses - Stocks 17
00
18 Inventory - Stocks 12 3 5 18
00
19 To record decrease in inventory-stocks due to 3 5 19

20 Sales of (20) broilers. 20

21 21
00
22 10 Inventory – Feed Supplies 17 4 5 0 22
00
23 Cash 10 4 5 0 23

24 To record purchased of feeds such as 15 kg of B-MEG 24

25 Integra per Sales Invoice No. 29315. 25

.
26 26

27 27

28 28

29 29
00
30 10 Expense- Feeds 61 4 7 4 3 30
00
31 Inventory – Feeds 13 4 7 4 3 31

32 To record .consumed feeds such as (3) sacks of 32

B-MEG Integra 2000 per Sales Invoice No. 29241.
33 33

34 34

35 35
36 36

J-14

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
11 Cash 10 00
2 Aug 2 1 2 8 2
Sales – Broilers (Dressed Chicken) 51 00
3 2 1 2 8 3

4 To record sales in total of 15.20 kg of dressed 4

chicken per Sales Invoice No. 47 to 48.
5 5

6 6
 50
7 11 Cash 10 1 8 5 7
50
8 Sales- Entrails and other body parts 53 1 8 5 8

9 To record sales in total of 2.10 kg of entrails and 9

10 Other Body parts per Sales Invoice Nos. 49 to 50 10

11 11
11 60
12 Expenses - Stocks 12
00
13 Inventory - Stocks 12 3 5 13
00
14 To record decrease in inventory-stocks due to 3 5 14

15 Sales of (12) broilers 15

16 16
12 65 00
17 Expense – Marketing 1 0 17
Cash 10 00
18 1 0 18
To record incurred marketing expense such as
19 19
(1) pack of plastic bag per D.R. No. 22.
20 20

21 21
12 65 00
22 Expense – Marketing 2 1 22
Cash 10 00
23 2 1 23
To record incurred marketing expense such as
24 24
load per D.R. No. 23.
25 25
.
26 26
12 Cash 10 00
27 4 1 4 4 27
Sales – Broilers (Dressed Chicken) 51 00
28 4 1 4 4 28

29 To record sales in total of 29.60 kg of dressed 29

chicken per Sales Invoice No. 51 to 55.
30 30

31 31
00
32 12 Accounts Receivable 11 7 8 0 0 32
00
33 Sales- Broilers (Dressed Chciken0 51 7 8 0 0 33

34 To record sales in total of 3.80 kg of dressed 34

35 chicken per Sales Invoice Nos. 56 to 59. 35

36 36

J-15
 DATE EXPLANATION F DEBIT CREDIT

1 2019 1
00
2 Aug 12 Accounts Receivable 11 9 9 9 2
00
3 Sales- Entrails and other body parts 53 9 9 9 3

4 To record sales in total of 11.55 kg of entrails and 4

5 Other Body parts per Sales Invoice Nos. 60 to 61. 5

6 6
12 65 00
7 Expense – Marketing 1 0 0 7
Cash 10 00
8 1 0 0 8
To record incurred marketing expense for delivery
9 9
Of dressed chicken per D.R. No. 22.
10 10
.
11 11
00
12 12 Expense - Labor 13 4 8 5 12
00
13 Cash 10 4 8 5 13

14 To record .payment for the caretaker as labor fee 14

Per D.R. No. 23.
15 15

16 16
00
17 12 Expense - Labor 13 1 1 0 0 17
00
18 Cash 10 1 1 0 0 18

19 To record .payment for the caretaker as labor fee 19

Per D.R. No. 24.
20 20

21 21
00
22 12 Expense- Feeds 61 4 5 0 22
00
23 Inventory – Feeds 13 4 5 0 23

24 To record .consumed feeds such as 15 kg of 24

B-MEG Integra 2000 per Sales Invoice No. 29315.
25 25

26 26
12 60
27 Expenses - Stocks 27
00
28 Inventory - Stocks 12 2 2 7 5 28
00
29 To record decrease in inventory-stocks due to 2 2 7 5 29

30 Sales of (65) broilers 30

31 31
00
32 20 Expense- Farm supplies 63 4 5 32
00
33 Inventory- Farm supplies 15 4 5 33

34 To record consumed (2) pieces 50 watt bulb 34

35 35
36 36

J-16

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
14 Account Receivable 11 50
2 Aug 3 3 4 2
Cash 10 50
3 3 3 4 3
To record collection of account receivable per
4 4
Sales Invoice Nos. 44 to 46.
5 5

6 6
15 Cash 10 00
7 5 0 7
Other sales 56 00
8 5 0 8
To record sales in total of (5) empty sacks
9 9
per Sales Invoice No. 62.
10 10

11 11
17 Account Receivable 11 00
12 2 3 5 0 12
Cash 10 00
13 2 3 5 0 13
To record collection of account receivable per
14 14
Sales Invoice Nos. 56 and 58.
15 15

16 16
18 Account Receivable 11 50
17 5 3 9 17
Cash 10 50
18 3 3 4 18
To record collection of account receivable per
19 19
Sales Invoice No. 61.
20 20

21 21
19 Account Receivable 11 00
22 5 4 5 0 22
Cash 10 00
23 5 4 5 0 23
To record collection of account receivable per
24 24
 Sales Invoice Nos. 57 and 59.
25 25

26 26
19 Account Receivable 11 50
27 4 6 0 27
Cash 10 50
28 4 6 0 28
To record collection of account receivable per
29 29
Sales Invoice No. 60.
30 30

31 31
50
32 19 Expenses - Rent 66 8 0 0 32
50
33 Prepaid - Rent 21 8 0 0 33

34 To record incurred pre-paid rent. 34

35 35
36 36

J-17

DATE EXPLANATION F DEBIT CREDIT

1 2019 1
Management Fee 69 0
2 Aug 19 1 0 0 0 0 2
Cash 10 00
3 1 0 0 0 3
To record payment for management fee for
4 4
Entrepreneur per D.R.No.25.
5 5

6 6
1 2
5
7 19 Inventory- Office Supplies 6 3 8 7
1 25

8 Cash 0 3 8 8

9 To record purchased of one (1) pack of Journal (1) 9

10 pack of ledger (1) piece of notebook (1) piece of 10

Ball pen per D.R. No.17
11 11

12 12
5 5
0
13 19 Sales - Broilers 5 3 7 5 9 9 13
9 50

14 Revenue and Expense Summary 0 3 7 5 9 9 14

15 To close sales account 15

16 16
9 0
0
17 19 Revenue and Expense Summary 0 1 5 2 5 0 17
6 00

18 Expense- Stocks 3 2 4 5 0 18
6 00

19 Expense-Feeds 4 7 6 6 4 19
6 00

20 Expense-Veterinary Drugs 5 5 0 7 20
 6 00

21 Expense- Farm Supplies 3 1 2 5 21

6 00

22 Expense-Office Supplies 4 3 8 22
6 00

23 Expense-Transportation 5 1 0 0 23
6 00

24 Management Fee 8 1 0 0 0 24
7 00

25 Expense-Marketing 1 1 8 1 25
7 00

26 Expense-Labor 2 1 5 8 5 26
7 00

27 Expense-Rent (Production Area) 3 1 6 0 0 27

28 28

29 To close expenses account 29

30 30
9 5
0
31 19 Revenue and Expense Summary 0 2 2 3 4 9 31
4 50

32 KHAPIE PASTIES Capital 0 2 2 3 4 9 32

33 To transfer net income to capital account 33

34 34

35 35
36 36