DATE

DESCRIPTION PR Debit Credit

2019
APR. 2 Cash 100 71,000.00
Painting Equipment 104 12,300.00
Almoro, Capital 300 83,300.00
To record initial investment of the owner.

3 Service Vehicle 105 80,000.00

Cash 100 50,000.00
Notes Payable 202 30,000.00
To record acquired vehicle in cash and on
account.

4 Painting Supplies 102 3,200.00

Accounts Payable 200 3,200.00
To record purchase of supplies on account

5 Accounts Receivables 101 4,800.00

Painting Income 400 4,800.00
To record billing to customer for completed
job.

7 Cash 100 1,500.00

Painting Income 400 1,500.00
To record payment of customer for apartment
room painting.

10 Painting Supplies 102 1,600.00

Cash 100 1,600.00
To record purchase of supplies in cash.

11 Cash 100 4,800.00

Accounts Receivable 101 4,800.00
To record check collection from customer on
April 5.

12 Prepaid Insurance 103 4,000.00

Cash 100 4,000.00
To record one year coverage of insurance
policy.

13 Accounts Receivable 101 6,200.00

Painting Income 400 6,200.00
To record billing to customer for completed
job.
14 Salaries Expense 500 1,500.00
Cash 100 1,500.00
To record payment of salary of assistant.

15 Repair and Maintenance Expense 501 400.00

Cash 100 400.00
To record tune-up of service vehicle.

18 Accounts Payable 200 3,200.00

Cash 100 3,200.00
To record payment of supplies purchased on
account last April 4.

20 Painting Equipment 104 6,000.00

Painting Supplies 102 2,900.00
Accounts Payable 200 8,900.00
To record purchase of ladder and supplies on
account.

22 Telephone Expense 502 600.00

Telephone Payable 201 600.00
To record received telephone bill for the
month.

23 Cash 100 3,300.00

Accounts Receivable 101 3,300.00
To record collection from customer on April 13.

24 Almoro, Drawings 301 3,000.00

Cash 100 3,000.00
To record personal withdrawal of the owner..

25 Cash 100 3,600.00

Painting Income 400 3,600.00
To record payment from customer for painting
of two-room apartment.

27 Notes Payable 202 2,000.00

Cash 100 2,000.00
To record payment of note signed on service
vehicle.

29 Salaries Expense 500 1,800.00

Cash 100 1,800.00
To record payment of salary of assistant.
 ELLEN ALMORO
Purchases Journal

Debit
Date Reference Description Other Accounts
Painting Supplies
Account Title
3/4/2019 PO #1 On Account - 1 unit Service Vehicle
4/4/2019 PO #2 Supplies on account 3,200.00
04/20/2019 PO #3 Ladder Painting Equipment
04/20/2019 PO #4 Supplies on account 2,900.00
6,100.00
(102)
 Page 1

Debit Credit
Other Accounts Accounts Notes
PR Amount Payable Payable
105 80,000.00 80,000.00
3,200.00
104 6,000.00 6,000.00
2,900.00
86,000.00 12,100.00 80,000.00
(200) (203)
 ELLEN ALMORO
Cash Receipts Journal

Debit Cr
Reference
Date Description Accounts
No. Cash
Receivable
2/4/2019 OR #1 Initial investment 71,000.00
7/4/2019 OR #2 Payment from customer 1,500.00
11/4/2019 OR #3 Collection from billed customer 4,800.00 4,800.00
04/23/2019 OR #4 Collection from billed customer 3,300.00 3,300.00
04/25/2019 OR #5 Payment from customer 3,600.00

84,200.00 8,100.00
(100) (101)
 Page 1

Credit
Other Account
Account Title PR Amount
Almoro, Capital 300 71,000.00
Painting Income 400 1,500.00

Painting Income 400 3,600.00

76,100.00
 ELLEN ALMORO
Cash Disbursements Journal

Debit
Reference
Date Payee Accounts
No.
Payable
2/4/2019 CV #1 Auto Company
10/4/2019 CV #2 Supplier A
12/4/2019 CV #3 Insurance Company
04/14/2019 CV #4 Assistant
04/15/2019 CV #5 Auto Repair Shop
04/18/2019 CV #6 Supplier A 3,200.00
04/24/2019 CV #7 Ellen Almoro
04/27/2019 CV #8 Auto Company
04/29/2019 CV #9 Assistant
3,200.00
(200)
 Page 1
ELLEN ALMORO
Cash Disbursements Journal

Debit Credit
Other Accounts
Cash
Account Title PR Amount
Notes Payable 202 50,000.00 50,000.00
Painting Supplies 102 1,600.00 1,600.00
Prepaid Insurance 103 4,000.00 4,000.00
Salaries Expense 500 1,500.00 1,500.00
Repairs & Maintenance Expense 501 400.00 400.00
3,200.00
Almoro, Drawings 301 3,000.00 3,000.00
Notes Payable 202 2,000.00 2,000.00
Salaries Expense 500 1,800.00 1,800.00
64,300.00 67,500.00
(100)
 DATE
DESCRIPTION PR Debit Credit
2019
APR. 2 Painting Equipment 104 12,300.00
Almoro, Capital 300 12,300.00
To record initial investment of owner.

5 Accounts Receivables 101 4,800.00

Painting Income 400 4,800.00
To record billing to customer for completed
job.

13 Accounts Receivable 101 6,200.00

Painting Income 400 6,200.00
To record billing to customer for completed
job.

22 Telephone Expense 502 600.00

Telephone Payable 201 600.00
To record received telephone bill for the
month.
 ELLEN ALMORO
Chart of Account

ASSETS LIABILITIES
Account Code Account Name Account Code
100 Cash 200
101 Accounts Receivable 201
102 Painting Supplies 202
103 Prepaid Insurance
104 Painting Equipment EQUITY
105 Service Vehicle Account Code
300
301

EXPENSES INCOME (REVENUE)

Account Code Account Name Account Code
500 Salaries Expense 400
501 Repair and Maintenance Expense
502 Telephone Expense
 LIABILITIES
Account Name
Accounts Payable
Telephone Payable
Notes Payable

EQUITY
Account Name
Almoro, Capital
Almoro, Drawing

INCOME (REVENUE)
Account Name
Painting Income