ASSET = LIABILITIES + OWNER’S EQUITY

CASH Service SUPPLIES ACCOUNTS ACCOUNTS RIEGO’S OWNER’S REVENUE EXPENSES

Vehicle RECEIVABL PAYABLE CAPITAL DRAWING (-)
E (-)
OCT. ₱ 250,000 ₱ 250,000
1,
2015
2 ₱ 195,000 ₱ 195,000
3 ( ₱ 57,000) ₱ 57,000
9 ₱ 87,500 ₱ 87,500
10 (25,000) (₱ 25,000)
11 ₱ 170,000 ₱ 170,000
12 ( ₱ 55,000) ( ₱ 55,000)
16 ( ₱ 25,000) ( ₱ 25,000)
23 ₱ 35,000 ( ₱ 35,000)
27 ( ₱ 57,000) ( ₱ 57,000)
30 ( ₱ 7,500) ( ₱ 7,500)
31 ( ₱ 5,500) ( ₱ 5,500)
₱ 140,500 ₱ 195,000 ₱ 57,000 ₱ 135,000 ₱ 140,000 ₱ 250,000 (₱ 25,000) ₱ 257,500 ( ₱ 95,000)
₱ 527,500 ₱ 527,500