Date Account titles and Explanations Ref.

Dec-01 Cash 111

J. Cacdac, Capital 311

Dec-01 Sewing Machines 119

Cash 111
Accounts Payable-Rufino Merchandising 212
Dec-01 Prepaid Rent 116
Cash 111

Dec-01 Insurance Expense 513

Cash 117

Dec-03 Sewing Tools 118

Sewing Supplies 114
Accounts Payable-Virgilio Trading 211
Dec-05 Cash 111
Service Income 411

Dec-07 Accounts Receivable-Flor Valdez 112

Service Income 411

Dec-10 Clothing Materials 115

Cash 111

Dec-13 Cash 111

Service Income 411

Dec-14 Accounts Payable 212

Cash 111
Notes Payable 213
Dec-15 Wages 511
Cash 111

Dec-17 J. Cacdac, personal 312

Cash 111

Dec-18 Cash 111

Accounts Receivable

Dec-20 Cash 111

Service Income 411

Dec-22 Wages 511

Cash 111
Dec-23 Accounts Receivable-Julius Ilagan 113
Service Income 411

Dec-27 Utility Expense 512

Cash 111

Dec-27 Telephone and communication Expense 514

Cash 111
Debit Credit
P 8,000
P 8,000

6,000
1,500
4,500
3,000
3,000

570
570

590
270
860
120
120

500
500

1,500
1,500

1,250
1,250

4,500
1,500
3,000
250
250

500
500

200
200

1,475
1,475

250
250
400
400

150
150

250
250