Exercise 5.

2
Record the following transactions using the Manual Journal Entry:

On January 20, 2020, the company received billings for the following utilities:
Dr. Light Expense P 6,750
Dr. Water Expense P 4,400
Cr. Accrued Expense Payable P 11,150

On January 25, 2020, billings received were paid for cash.

Dr. Accrued Expense Payable P 11,150
Cr. Cash on Hand P 11,150

Insert the screenshot of your output here:

Manual Journal Entry and Journal Vouchers
Exercise 5.3
Record the following transactions using the Manual Journal Entry:

On February 10, 20XX, the owner of the company had an additional cash investment of P 500,000,
deposited on the company’s BDO Bank Account.
Dr. Cash in Bank – BDO P 500,000
Cr. Aquino, Capital P 500,000

Insert the screenshot of your output here:

Exercise 5.4
Record the following transactions using the Manual Journal Entry:

On March 15, 20XX, the owner withdrawn some of his cash investment to pay for his personal expenses
amounting to P 25,000. The Disbursement Officer withdrew the amount from the company’s BDO
account.
Dr. Aquino, Drawing P 25,000
Cr. Cash in Bank - BDO P 25,000

Insert the screenshot of your output here:

Exercise 5.5
Record the following transactions using the Manual Journal Entry:

On March 30, 20XX, the company recorded a Salary Expense worth of P 100,000, paid for through the
company’s BDO Bank Account:

Dr. Salaries and Wages P 100,000

Cr. Cash in Bank, BDO P 100,000

Insert the screenshot of your output here:

Exercise 5.6
Create the following entries in journal entry through the journal vouchers.

Date Transaction Amount

April 01, 20XX Sansa Aquino invested office equipment Php 850,000
for the business
April 02, 20XX The owner invested additional cash Php 72,000
through a bank deposit in Metrobank
April 03, 20XX Paid transportation for business related Php 1,750
travels

Submit the screenshot of the journal voucher created and the transaction journal report from April 01,
20XX – April 03, 20XX.

Insert the screenshot of your output here:

Special Journals (Purchase)

Exercise 5.7
On April 10, 20XX, the company received the billing from PLDT worth Php 11,200 (tax inclusive). It is to
be recorded as Communication Expense on the A/P invoice.
Screenshot the journal entry created from the A/P invoice.

Insert the screenshot of your output here:

Exercise 5.8
On April 11, 20XX, the company received the billing from Philhealth, worth P 3000, for the employees’
recent salary.

Screenshot the journal entry created from the A/P invoice.

Insert the screenshot of your output here:

Exercise 5.9
On April 13, 20XX, the company received the billing from SSS, worth P 5000, for the employees’ recent
salary.

Screenshot the journal entry created from the A/P invoice.

Insert the screenshot of your output here: