Journal Entries for March

Date Particulars Dr Cr
March 1 Cash P200,000 Evangeline Jamili Landscaping services has the following completed transactions:
Jamili, Capital P200,000
Mar. 1 Jamili deposited P200,000 in a bank account in the name of the business.
4 Jamill deposited personal gardening equipment, with a fair market value of P10,000, in the
4 Equipment P10,000
business.
Jamill, Capital P10,000 6 Bought a used trailer on account from Sala Sales, P8,500.
7 Paid rent for the month, P6,000
6 Equipment P8,500 9 Bought a used backhoe from Mobile Equipment, P62,000, paying P30,000 in cash and the balance
Accounts Payable P8,500 from on account.
10 Bought liability insurance for one year, P9,000
7 Rent expense P6,000 13 Performed landscaping services on account for Tindoy Restaurant, P34,200.
 Cash P6,000 14 Bought supplies on account from Office Décor, P2,400.
15 Performed landscaping services on account for Urios University, P25,600.
9 Equipment P62,000 17 Received and paid the bill from De Leon Services for gas and oil for the equipment, P1,400.
Cash P30,000 19 Performed landscaping services for Calimpusan on cash basis, P18,800.
22 Paid accounts to Sala Sales, P4,000.
Account Payable P32,000
24 Collected accounts from Tindoy Restaurant, P7,000
28 Performed landscaping services on account for Gucela Resort, P16,250
10 Prepaid insurance  P9,000 29 Received and paid the telephone bill, P1,860
Cash  P9,000 30 Paid the salaries of the employees, P13,400
31 Jamili withdrew cash for personal use, P14,000
13 Accounts Receivable P34,200 Required:
Landscaping revenues P34,200
Prepare the journal entries for the March transactions. Use the following accounts: Cash; Account
Receivable; Prepaid Insurance; Equipment; Accounts Payable; Jamili, Capital; Jamili, Withdrawals;
14 Supplies expense P2,400
Landscaping Revenues; Salaries Expense; Rent Expense; Gas and Oil Expense; Supplies Expense; Utilities
Accounts Payable P2,400
Expense and Miscellaneous Expense.
15 Accounts Receivable P25,600
Landscaping revenues P25,600

17 Gas and Oil expense P1,400

Cash P1,400

19 Cash P18,800
Landscaping revenues P18,800

22 Accounts Payable - Sala sales P4,000

Cash P4,000

24 Cash P7,000
Accounts Receivable P7,000

28 Accounts Receivable -Gucela Res

P16,250
 Landscaping revenue P16,250

29 Utilities & Miscellaneous expenseP1,860

Cash P1,860

30 Salaries Expense P13,400

Cash P13,400

31 Jamili, Withdrawals P14,000

Cash P14,000