Espiritu, Rachelle Ann I.

ABM 11 - St. Thomas

 General Journal
Journal Entry: T-Accoun
Date Description Ref Debit Credit
Oct 1 Cash 100 P19,500
Cardines, Capital 300 P19,500
Deposited cash in a bank account.

2 Service Vehicle 120 63,000

Cash 100 7,000
Notes payable 200 56,000
Acquired a second- hand service.

4 Rent Expenses 505 2,950

Cash 100 2,950
Paid rent of a month.

5 Supplies 110 8,200

Account Payable 210 8,200
Acquired supplies on account.

6 Prepaid Insurance 115 4,500

Cash 100 4,500
Paid for three-month insurance.

8 Cash 400 13,900

Delivery Revenues 100 13,900
Received cash on delivery work.

10 Supplies 110 2,050

Cash 100 2,050
Acquired additional supplies

13 Salaries Expense 500 3,900

Cash 100 3,900
Paid salaries.

16 Accounts Receivable 105 13,250

Delivery Revenues 400 13,250
Billed Luisita Inc.

17 Accounts Payable 210 2,300

Cash 100 2,300
Paid amount owed form oct. 5 transaction.

19 Miscellaneous Expense 1,700

Cash 1,700
Paid.

21 Cardenas, Withdrawals 350 6,150

Cash 100 6,150
Withdrew cash
22 Cash 100 9,500
Accounts Receivable 105 9,500
Collected on account from Luisita Inc.

24 Salaries Expense 500 4,200

Cash 100 4,200
Paid Salaries

25 Utilities Expense 510 800

Cash 100 800
Paid utilities expense.

27 Cash 100 13,400

Delivery Revenues 400 13,400
Billed the Cojuangco Corp.
 General Ledger:
T-Account:

Cash Accounts Receivable Supplie

Oct 1 P19,500 7,000 Oct 2 Oct 22 9,500 15,250 Oct 16 Oct. 5
Oct 8 13,900 2,950 Oct 4 13,400 27-Oct Oct. 10
Oct 27 13,400 4,500 Oct 6 9,500 28,650
2,050 Oct 10
3,900 Oct 13
2,300 Oct 17
1,700 Oct 19
6,150 Oct 21
4,200 Oct 24
800 Oct 25
46,800 35,550
P11,250

Service Vehicle Notes Payable Accounts Pa

19,500 Oct 1 56,000 Oct 2

P19,500 P56,000

Cardenas, Withdrawals Delivery Revenue Salaries Ex

Oct 21 6,150 Oct. 25 800 Oct 13
Oct 24
P6,150 P800

Utilities Expense Miscellaneous Expense

Oct. 25 800 Oct 19 1,700
P800 P1,700
 Supplies Prepaid Insurance
8,200
2,050
P10,250

Accounts Payable Cardenas, Capital

56,000 Oct 2 19,500 Oct 1

P56,000 P19,500

Salaries Expense Rent Expense

3,900 Oct 4 2,950
4,200
P8,100 P2,950
 Cardenas Delivery Service
Unadjusted Trial Balance
For some bays in October

Description Ref Debit Credit

Cash 100 160,810
Accounts Receivable 105 5,190
Supplies 110 2,140
Prepaid Insurance 115 163,000
Service Vehicle 120 12,960
Notes Payable 200 134,960
Accounts Payable 210 192,000
Cardenas,Capital 300 9,500
Cardenas,Withdrawals 350 45,880
Delivery Revenues 400 10,350
Salaries Expenses 500 6,950
Rent Expenses 505 1,940
Utilities Expenses 510
Miscellaneous Expenses 515
TOTAL 372,840 372,840