Manalili Property Appraisals

For the month ended September 2020

Date Account Titles Debit Credit

Cash 150,000
Capital 150,000
Invested cash to the business

Rent Expense 3,000

Cash 3,000
Paid rent

Service vehicle 80,000

Cash 80,000
bought a second hand service vehicle

Service tools 30,000

Accounts Payable 30,000
bought service tools on account

Utilities Expense 500

Cash 500
Paid electricity bill

Prepaid Insurance 6,000

Service Vehicle 6,000
Paid one year insurance on the service vehicle

Cash 20,000
Service revenue 20,000
received cash from clients

Salaries expense 2,000

Cash 2,000
paid partial salaries

Service Revenue 10,000

Accounts Receivable 10,000
perform service on account

Utilities expense 350

Cash 350
paid water bill

Office Supplies 1,000

Cash 1,000
Bought office supplies on cash
Cash 3,000
Service Revenue 3,000
Received cash from clients

Salaries expense 2,500

Cash 2,500
Fully paid salaries

Service tools 10,000

Cash 10,000
made partial payment for service tools

Service Revenue 20,000

Cash 14,000
Accounts Receivable 6,000
Capital 40,000
Additional revenue in the business

Manalili's withdrawal 5,000

Cash 5,000
withdraw cash for personal expense
roperty Appraisals
onth ended September 2020

Cash
150,000 3,000
20,000 80,000
3,000 500
14,500 2,000
350
1,000
2,500
10,000
5,000
Bal. 83,150

Accounts Receivable
6,000 10,000

Bal. 4,000

Accounts Payable
30,000

Rent Expense
3,000

Salaries expense