Professional Documents
Culture Documents
9. After labeling, save your file on your folder as JOURNAL. Always save your work.
10. Calculate the sum at cell E22 from E6 to E 20 (=sum(E6:E20)), copy the formula at cell
E22 from F22 up to T22.
11. Apply outside border at row 22.
12. Enter the transaction at cell A6 and use Column B for dates. Save your file.
BUSINESS TRANSACTIONS
July 1 - J. Cruz invented P100, 000 to start his Auto Repair Shop per Official Receipt No.001.
3 - J. Cruz purchases P50, 000 worth of auto parts in cash from Manila Auto Pars Co. per
Invoice No. 3452 and CV No. 001.
5 - J. Cruz bought Repair Equipment worth P150, 000 on account from Bell Tools Company
per Credit Invoice No. 912.
7 - J. Cruz Repair Shop received P100, 000 bank loan from Bank of P.I. and signed a
promissory Note No. 7-07.
8 - Paid Bell Tools Company P75, 000 as partial payment on account per CV No. 002.
11- Received P10, 000 from Pedro Zapanta for auto repairs rendered Shop per Cash
Invoice No.001.
13- Billed Avelino Manlapaz P15, 000 for auto repairs and painting services per Charge
Invoice No. 001.
15 – Paid Mariano Santos P5, 000 rent for the garage used as repair shop per CV no. 003.
17 – Collected P8, 000 from Avelino Manlapaz as partial on account per Official Receipt
No. 002.
19 - Paid Manuel Barbosa P20, 000 for major auto repairs rendered per Charge Invoice
No.002 and received P10, 000 as partial payment per Official Receipt No.003.
21– Collected P25, 500 from various customers for auto repairs rendered per Cash Invoice
Nos. 002 to 005.
24 – Jose Cruz withdrew P10, 000 for personal use per CV no. 004.
27- Paid Paper Printing Press P1, 000 for Cash invoices, Charge invoices, Official Receipts
printed and other supplies purchased per CV No. 005.
30- Paid P22, 000 for salaries and wages of mechanic and laborers per CV. No. 006.
31- Per requisitions Nos. 01 to 11, auto repairs used in servicing customers’ cars
amounted to P16, 000. Note: Auto parts used is entered with a – (minus sign) under Auto
Parts.