SALES JOURNAL Page SJ1Accounts

Invoice Receivable Dr
Date Account Debited Ref. Sales
Number Revenue Cr
January
3 B. Berg 510  ₱3,600
3 J. Lutz 511  ₱1,800
11 R. Kotsay 512  ₱2,900
11 S. Andrus 513  ₱900
22 B. Berg 514  ₱3,700
22 R. Kostsay 515  ₱800
25 B. boxberger 516  ₱3,500
25 J. Lutz 517  ₱6,100
₱23,300
(112)(410)

Purchases Journal Page PJ1

Post Purchases Dr
Date Account Credited Terms
Accounts
Ref Payable Cr
January
5 S. Colt R ₱5,000
5 D. Khan R ₱2,700
16 D. Baroni R ₱12,000
16 S. Otero R ₱13,900
16 S. Colt R ₱1,500
27 D. Baroni R ₱12,500
27 D. Khan R ₱1,200
27 S. Colt R ₱2,800
₱51,600
(126)(201)

CASH RECEIPTS JOURNAL Page

Accounts Sales
Date Accounts Ref. Cash Receivable Revenue
 Date Ref.
Credited Dr. Cr. Cr.
January
7 S. Andrus R ₱4,000 ₱4,000
7 B. boxberger R ₱2,000 ₱2,000
13 B. Berg R ₱3,600 ₱3,600
13 J. Lutz R ₱1,500 ₱1,500
18 S. Otero R ₱200
21 S. Andrus R ₱900 ₱900
₱12,200 ₱12,000 ₱0
(101) (112)
₱12,200 ₱12,200

CASH PAYMENT JOURNAL

Other Supplies Freight In

Date Account Debited Ref.
Accounts
Dr. Dr Dr
January
8 Freight in 120 ₱180
9 S. Otero R
9 D. Baroni R
9 J. Lutz R
12 rent 531 ₱1,000
17 supplies 126 ₱400
21 R. Rasmus R
23 D. Baroni R
23 S. Otero R
28 office supplies 117 ₱200
31 sales salaries 520 ₱4,300
31 office salaries 520 ₱3,600
SUBTOTAL ₱9,100 ₱400 ₱180
(X) (126) (120)
TOTAL ₱70,880
 GENERAL JOURNAL J1
Date Account Titles and Explanations Ref Debit Credit
January
10 Cash 101 15,500
Sales 410 15,500
To record cash sales for January 1 to
January 10

15 Owner's Drawing 302 800

Cash 101 800
To record McBride's drawing for
personal use

20 Cash 101 17,500

Sales 410 17,500
To record cash sales for January 11 to
January 20

31 Cash 101 22,920

Sales 410 22,920
To record cash sales for January 21 to
January 31

Adjusting entries
31 Depreciation Expense-supplies 55,100
Supplies 126 55,100
the supplies decress to 700

31
b
Account recievable subsidiary ledger
B. Berg
Date Explanation Ref Debit Credit Balance
January
3 3,600 3,600
13 3,600 0
22 3,700 3,700

B. Boxberger
Date Explanation Ref Debit Credit Balance
January
Balance 7,500 7,500
7 2,000 5,500
25 3,500 9,000

R. Kotsay
Date Explanation Ref Debit Credit Balance
January
Balance 1,500 1,500
11 2,900 2,900
22 3,500 3,500

S. Andrus
Date Explanation Ref Debit Credit Balance
January
Balance 4,000 4,000
7 4,000 0
11 900 900

J. Lutz
Date Explanation Ref Debit Credit Balance
January
3 1,800 1,800
 9 300 1,500
13 1,500 0
25 6,100 6,100

Account Payable subsidiary ledger

S. Otero
Date Explanation Ref Debit Credit Balance
January
Balance 9,000 9,000
9 9,000 0
16 13,900 13,900
23 13,900 0

R. RASMUS
Date Explanation Ref Debit Credit Balance
January
Balance 15,000 15,000
21 15,000 0

D. Baroni
Date Explanation Ref Debit Credit Balance
January
Balance 11,000 11,000
9 11,000 0
16 12,000 12,000
23 12,000 0
27 12,500 12,500

S. Colt
Date Explanation Ref Debit Credit Balance
January
5 5,000 5,000
16 1,500 6,500
27 2,800 9,300
 D. Khan
Date Explanation Ref Debit Credit Balance
January
5 2,700 2,700
27 1,200 3,900

GENERAL LEDGER
Cash Page 101
Date Explanation Ref Debit Credit Balance
January
Balance R 33,750 33,750
7 CRJ1 4,000 37,750
7 CRJ1 2,000 39,750
8 CPJ1 180 39,570
9 CPJ1 9,000 30,570
9 CPJ1 11,000 19,570
9 CPJ1 300 19,270
10 J1 15,500 34,770
12 CPJ1 1,000 33,770
13 CRJ1 3,600 37,370
13 CRJ1 1,500 38,870
15 J1 800 38,070
17 CPJ1 400 37,670
18 CRJ1 200 37,870
20 J1 17,500 55,370
21 CRJ1 900 56,270
23 CPJ1 12,000 44,270
23 CPJ1 13,900 30,370
28 CPJ1 200 30,170
31 CPJ1 4,300 25,870
31 CPJ1 3,600 22,270
31 J1 22,920 45,190

Account receivable Page 112

Date Explanation Ref Debit Credit Balance
January
Balance R 13,000 13,000
3 SJ1 3,600 16,600
3 SJ1 1,800 18,400
7 CRJ1 4,000 14,400
7 CRJ1 2,000 12,400
11 SJ1 2,900 15,300
11 SJ1 900 16,200
13 CRJ1 3,600 12,600
13 CRJ1 1,500 11,100
21 CRJ1 900 10,200
22 SJ1 3,700 13,900
22 SJ1 800 14,700
25 SJ1 3,500 18,200
25 SJ1 6,100 24,300

Notes recievable Page 115

Date Explanation Ref Debit Credit Balance
Balance R 39,000 39,000

Inventory Page 120

Date Explanation Ref Debit Credit Balance
January
Balance R 20,000 20,000
8 CPJ1 180 20,180

Supplies Page 126

Date Explanation Ref Debit Credit Balance
January
Balance R 1,000 1,000
5 5,000 6,000
5 2,700 8,700
16 12,000 20,700
16 13,900 34,600
16 1,500 36,100
 17 400 36,500
18 200 36,300
27 12,500 48,800
27 1,200 50,000
27 2,800 52,800

Prepaid Insurance Page 130

Date Explanation Ref Debit Credit Balance
Balance 2,000 2,000

Equipment Page 157

Date Explanation Ref Debit Credit Balance
Balance 6,450 6,450

Accumulated Depreciation- Equipment Page 158

Date Explanation Ref Debit Credit Balance
Balance 1,500 1,500

Accounts Payable Page 201

Date Explanation Ref Debit Credit Balance
January
Balance R 35,000 35,000
5 PJ1 5,000 40,000
5 PJ1 2,700 42,700
9 CPJ1 9,000 33,700
9 CPJ1 11,000 22,700
9 CPJ1 300 22,400
16 PJ1 12,000 34,400
 16 PJ1 13,900 48,300
16 PJ1 1,500 49,800
21 CPJ1 15,000 34,800
23 CPJ1 12,000 22,800
23 CPJ1 13,900 8,900
27 PJ1 12,500 21,400
27 PJ1 1,200 22,600
27 PJ1 2,800 25,400

Owner's Capital Page 301

Date Explanation Ref Debit Credit Balance
Balance 78,700 78,700

Sales Page 410

Date Explanation Ref Debit Credit Balance
January
3 SJ1 3,600 3,600
3 SJ1 1,800 5,400
10 J1 15,500 20,900
11 SJ1 2,900 23,800
11 SJ1 900 24,700
20 J1 17,500 42,200
22 SJ1 3,700 45,900
22 SJ1 800 46,700
25 SJ1 3,500 50,200
25 SJ1 6,100 56,300
31 J1 22,920 79,220

Owner's Drawing Page 302

Date Explanation Ref Debit Credit Balance
January
15 800 800
 Rent Expense Page 531
Date Explanation Ref Debit Credit Balance
January
12 1,000 1000

Office Supplies Page 117

Date Explanation Ref Debit Credit Balance
January
28 200 200

Salaries Expense Page 520

Date Explanation Ref Debit Credit Balance
January
31 sales salaries 4,300 4300
31 office salaries 3,600 7,900

Notes Payable Page 215

Date Explanation Ref Debit Credit Balance
January
21 15,000 15,000

Page
Date Explanation Ref Debit Credit Balance
January
21 15,000 15,000

c
McBride Company
Unadjusted Trial Balance
January 31,2020
Account DEBIT CREDIT
Number BALANCE BALANCE
Cash 101 45,190
Account Receivable 112 24,300
Notes receivable 115 39,000
Office Supplies 117 200
Inventory 120 20,180
Supplies 126 52,800
Prepaid Insurance 130 2,000
Equipment 157 6,450
Account Depreciation- Equipment 158 1,500
Account payable 201 25,400
Notes Payable 215 15,000
Owners Capital 301 78,700
Owner's Drawing 302 800
Sales 410 79,220
Salaries Expense 520 7,900
Rent expense 531 1,000
199,820 199,820

McBride Company
Work Sheet
Janaury 31, 2020

Accounts Unadjusted Trial Balance Adjustments

Debit Credit Debit
Cash 45,190
Account Receivable 24,300
Notes receivable 39,000
Office Supplies 200
Inventory 20,180
Supplies 52,800
Prepaid Insurance 2,000
Equipment 6,450
Account Depreciation- Equipment 1,500
Account payable 25,400
Notes Payable 15,000
Owners Capital 78,700
Owner's Drawing 800
Sales 79,220 (e) 5,580
Salaries Expense 7,900
Rent expense 1,000
199,820 199,820
Adjusting entries
Depreciation Expense-supplies (a) 52,100
Insurance expense (b) 200
Depreciation Expense-Equipment (c) 1,500
Interest expense (d) 30
 59,410

McBride Company
Income Statement
For the moth ended january 31, 2020

INCOME
Sales ₱73,640

EXPENSE
Salaries Expense (7,900)
Rent expense (1,000)
Depreciation Expense-Equipment (1,500)
Depreciation Expense-supplies (52,100)
Insurance expense (200)
Interest expense (30)
(62,730)

PROFIT FOR THE PERIOD ₱10,910

CRJ1
Other
Accounts
 Cr.

₱200

₱200
(126)
₱12,200

Page CPJ1
Notes
Accounts Cash Payable

Payable Dr. Cr. Cr.

₱180
₱9,000 ₱9,000
₱11,000 ₱11,000
₱300 ₱300
₱1,000
₱400
₱15,000 ₱15,000
₱12,000 ₱12,000
₱13,900 ₱13,900
₱200
₱4,300
₱3,600
₱61,200 ₱55,880 ₱15,000
(201) (101) (215)
880 ₱55,880 ₱15,000
McBride Company
Work Sheet
Janaury 31, 2020

Adjustments Adjusted Trial Balance Income Statement Balance Sheet

Credit Debit Credit Debit Credit Debit Credit
45,190 45,190
24,300 24,300
39,000 39,000
200 200
(e) 5,580 14,600 14,600
(a) 52,100 700 700
(b) 200 1,800 1,800
6,450 6,450
(c) 1,500 3,000 3,000
25,400 25,400
(d) 30 15,030 15,030
78,700 78,700
800 800
73,640 73,640
7,900 7,900
1,000 1,000

52,100 52,100
200 200
1500 1500
30 30
59,410 195,770 195,770 62,730 73,640 133,040 122,130
10,910 10,910
Depreciation Expense-supplies
Insurance expense
Depreciation Expense-Equipment
Interest expense
(a) #REF!
(b) 200
(c) 1,500
(d) 30