SAMANTHA MERCHANDISING

GENERAL JOURNAL
Adjusting Entries
Date
PARTICULARES P.R. Debit
a Bad Debts Expense ₱ 25,000.00
Allowance for Bad Debts
To record the bad debts
(375000*10%)-12500

b Bad Debts Expense ₱ 15,000.00

Allowance for Bad Debts
To record the bad debts

c Bad Debts Expense ₱ 2,500.00

Allowance for Bad Debts
To record the bad debts
15000-12500

d Bad Debts Expense ₱ 17,500.00

Allowance for Bad Debts
To record the bad debts
(375000-345000)-12500

Balance ₱ 60,000.00
 GJ-1

Credit

₱ 25,000.00

₱ 15,000.00

₱ 2,500.00

₱ 17,500.00

₱ 60,000.00