May 1 Cash 100,000 May 15 Accounts Receivable

Kayayan, Capital 100,000 Service Income

May 3 Office Supplies 20,000 May 15 Utilities Expense

Accounts Payable 20,000 Cash

May 5 Office Supplies 10,000 May 15 Salaries Expense

Cash 10,000 Cash

May 6 Accounts Payable 20,000 May 20 Cash

Cash 20,000 Accounts Receivable

May 8 Office Equipment 50,000 May 22 Cash

Cash 50,000 Interest Expense
Notes Payable
May 10 Cash 25,000
Service Income 25,000 May 25 Utilities Expense
Cash

May 27 Kayayan, Withdrawal

Cash

May 30 Office Supplies Expense

Office Supplies
30,000
30,000

3,500
3,500

15,000
15,000

10,000
10,000

45,000
5,000
50,000

6,000
6,000

20,000
20,000

5,000
5,000
 Cash Kayayan, Capital Office Supplies Accounts Payable
100,000 10,000 100,000 20,000 5,000 20,000
25,000 20,000 10,000
10,000 50,000
45,000 3,500
15,000
6,000 100,000 30,000 5,000 0
20,000 25,000
180,000 124,500
55,500

Utilities Expense Salaries Expense Interest Expense Notes Payable

3,500 15,000 5,000
6,000

9,500 15,000 5,000

Accounts Payable Office Equipment Service Income Accounts Receivable
20,000 50,000 25,000 30,000 10,000
30,000

50,000 55,000 20,000

Notes Payable Kayayan, Withdrawal Office Supplies Expense

50,000 20,000 5,000

50,000 20,000 5,000

 KAYAYAN ACCOUNTING FIRM
For the Month ended May 2020
May 30, 2020

Cash 55,500
Kayayan, Capital 100,000
Office Supplies 25,000
Accounts Payable 0
Office Equipment 50,000
Service Income 55,000
Accounts Receivable 20,000
Utilities Expense 9,500
Salaries Expense 15,000
Interest Expense 5,000
Notes Payable 50,000
Kayayan, Withdrawal 20,000
Office Supplies Expense 5,000
Total 205,000 205,000