On February 1, Kayden, the owner, invested PHP450,000 cash and PHP78,000 worth of

merchandise into the business. The merchandise has an unpaid PHP 20,000 account from
Jiwoo to be assumed by the business. OR#001

CASH RECEIPTS JOURNAL

SALES STORE KAYDEN,
DAT OFFICIAL RECEIVE CASH DISCOUNT EQUIPMEN MERCHANDISE ACCOUNTS CAPITAL
E RECEIPT D FROM DR DR T (CR) INVENTORY DR PAYABLE CR CR
Feb ₱450,0
1 001 Kayden 00 ₱78,000 ₱20,000 ₱508,000

February 2: Purchased from Ghibli store supplies worth PHP8000 worth on cash. CV#001

CASH DISBURSEMENT JOURNAL

ACCOUNTS
CHECK PAID PAYABLE (DR) STORE STORE RENT CASH
DATE VOUCHER NO. TO CR EQUIPMENT DR SUPPLIES EXPENSE DR CR
Feb 2 001 Ghibli ₱8,000 ₱8,000

February 3: Purchased supplies from Honey Store worth PHP8,500 on the account.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
Feb 3 Store Supplies ₱8,500
Accounts Payable ₱8,500
To record purchase of store supplies

February 4: Paid rent for the month PHP15,000. CV#004

CASH DISBURSEMENT JOURNAL

DAT CHECK PAID ACCOUNTS STORE STORE RENT CASH
E VOUCHER NO. TO PAYABLE (DR) CR EQUIPMENT DR SUPPLIES EXPENSE DR CR
Feb Lesso ₱15,00
4 004 r ₱15,000 0

February 5: Returned supplies from Honey store worth PHP 800. OR#002

CASH RECEIPTS JOURNAL

SALES ACCOUNTS STORE
DAT OFFICIAL RECEIVE CAS DISCOUNT RECEIVABLE MERCHANDISE ACCOUNTS SUPPLIES
E RECEIPT D FROM H DR DR DR (CR) INVENTORY DR PAYABLE CR CR
Feb
5 002 Honey ₱800 ₱800

February 6: Returned PHP300 worth of store supplies from Ghibli.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
 Feb 6 Accounts Payable - Ghibli ₱300
Store Supplies ₱300
To record returned store supplies purchased

February 7: Received from Meralco the electricity from January, PHP10,800.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
Feb 7 Utilities Expense ₱10,800
Accounts Payable - Meralco ₱10,800
To record received utility bill

February 8: Sold merchandise to Bisco on a cash basis, PHP8500.00. OR#005

CASH RECEIPTS JOURNAL

SALES ACCOUNTS
DAT OFFICIAL RECEIVED CASH DISCOUNT RECEIVABLE DR SALE PURCHASE RETURNS
E RECEIPT FROM DR DR (CR) S CR AND ALLOWANCES
Feb ₱8,50
8 005 Bisco 0 ₱8,500

February 9: Purchased from Jisuk store equipment worth PHP25,000 on a cash basis. CV#002

CASH DISBURSEMENT JOURNAL

STORE RENT
DAT CHECK PAID ACCOUNTS STORE SUPPLIE EXPENSE
E VOUCHER NO. TO PAYABLE (DR) CR EQUIPMENT DR S DR CASH CR
Feb
9 002 Jisuk ₱25,000 ₱25,000

February 10: Received the return of PHP500 worth of merchandise sold to Bisco. CV#011

CASH DISBURSEMENTS JOURNAL

SALES RETURN
CHECK ACCOUNTS AND
VOUCHER PAID PAYABLE (DR) PURCHAS FREIGHT PURCHASES ALLOWANCES CAS
DATE NO. TO CR ES DR IN DR DISCOUNT CR DR H CR
Feb Bisc
10 011 o ₱500 ₱500

February 11: Paid the utility bill received Feb 7. CV#007

CASH DISBURSEMENTS JOURNAL

 PURCHASE SALES RETURN
CHECK ACCOUNTS S AND
VOUCHER PAID PAYABLE (DR) PURCHAS FREIGH DISCOUNT ALLOWANCES CASH
DATE NO. TO CR ES DR T IN DR CR DR CR
Feb Meralc ₱10,8
11 007 o (₱10,800) 00

February 12: Was granted a PHP4000 allowance on store equipment purchased from Jisuk.
OR#003

CASH RECEIPTS JOURNAL

SALES STORE
OFFICIAL RECEIVED CASH DISCOUNT EQUIPMENT MERCHANDISE ACCOUNTS
DATE RECEIPT FROM DR DR (CR) INVENTORY DR PAYABLE CR
Feb ₱4,00
12 003 Jisuk 0 ₱4,000

February 13: Purchased merchandise from Taehoon on a cash basis PHP10,000. CV#005

CASH DISBURSEMENTS JOURNAL

PURCHASE SALES RETURN
CHECK ACCOUNTS FREIG S AND
VOUCHER PAYABLE (DR) PURCHAS HT IN DISCOUNT ALLOWANCES CASH
DATE NO. PAID TO CR ES DR DR CR DR CR
Feb ₱10,0
13 005 Taehoon ₱10,000 00

February 13: Paid freight on merchandise purchased from Taehoon PHP1200. CV#006

CASH DISBURSEMENTS JOURNAL

PURCHASE
CHECK ACCOUNTS FREIG S SALES RETURN CAS
VOUCHER PAYABLE (DR) PURCHAS HT IN DISCOUNT AND H
DATE NO. PAID TO CR ES DR DR CR ALLOWANCES DR CR
Feb ₱1,2
13 006 Taehoon ₱1,200 00

February 14: Purchased from Cartein a merchandise worth PHP25,000 on terms 2/10, n/30.

PURCHASE JOURNAL
DR: PURCHASES
DATE PAID TO CR: ACCOUNTS PAYABLE
Feb 14 Cartein ₱25,000

February 15: The owner invested additional merchandise worth PHP13,000 in the business.

GENERAL JOURNAL
 DATE PARTICULARS DEBIT CREDIT
Feb 15 Purchases ₱13,000
Kayden, Capital ₱13,000
To record additional merchandise investment by the owner

February 16: Sold to Mikasa a worth of PHP18,000 on terms of 60% DP, balance 2/10, n30 on
the account. OR#006

CASH RECEIPTS JOURNAL

SALES ACCOUNTS
OFFICIAL RECEIVED CASH DISCOUNT RECEIVABLE DR SALES PURCHASE RETURNS
DATE RECEIPT FROM DR DR (CR) CR AND ALLOWANCES
Feb ₱10,8 ₱18,00
16 006 Mikasa 00 ₱7,200 0

February 17: Purchased from Kuroko a merchandise worth PHP30,000 on terms 30%dp,
balance 2/10, n/30 on the account. CV#008

CASH DISBURSEMENTS JOURNAL

PURCHAS SALES RETURN
CHECK ES AND CAS
VOUCHER ACCOUNTS PURCHAS FREIGH DISCOUNT ALLOWANCES H
DATE NO. PAID TO PAYABLE (DR) CR ES DR T IN DR CR DR CR
Feb ₱9,0
17 008 Kuroko ₱21,000 ₱30,000 00

February 18: Received return of PHP800 worth of merchandise purchased from Kuroko.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
Feb 18 Purchase Returns and Allowances ₱800
Accounts Receivable - Kuroko ₱800
To record received purchased return of merchandise

February 18: Received return of PHP 1200 worth of merchandise sold to Mikasa.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
Feb 18 Sales Return and Allowances ₱1,200
Accounts Receivable - Mikasa ₱1,200
To record received return of merchandise sold

February 19: Sold Gojo merchandise worth PHP30,000 on terms of 50% DP, balance 2/10, n/30
on the account. SJ#001

SALES JOURNAL
 DATE SALES INVOICE NO. PAID TO DR: ACCOUNTS RECEIVABLE CR: SALES
Feb 19 001 Gojo ₱30,000

February 20: The owner withdrew merchandise worth PHP6,000 for personal use.

GENERAL JOURNAL
DATE PARTICULARS DEBIT CREDIT
Feb 20 Kayden, Drawing ₱6,000
Purchases ₱6,000
To record withdrawal of merchandise by the owner

February 21: Collected PHP5000 from Mikasa for partial payment of account. OR#007

CASH RECEIPTS JOURNAL

SALES ACCOUNTS PURCHASE
OFFICIAL RECEIVED CASH DISCOUNT RECEIVABLE DR SALES RETURNS AND
DATE RECEIPT FROM DR DR (CR) CR ALLOWANCES
₱5,00
Feb 21 007 Mikasa 0 (₱5,000)

February 22: Paid in full account with Cartein. CV#008

CASH DISBURSEMENTS JOURNAL

SALES RETURN
CHECK ACCOUNTS PURCHASES AND
DAT VOUCHER PAID PAYABLE PURCHAS FREIGH DISCOUNT ALLOWANCES CASH
E NO. TO (DR) CR ES DR T IN DR CR DR CR
Feb Carte ₱24,5
22 008 in (₱25,000) ₱500 00

February 23: Collected in full account with Gojo. OR#008

CASH RECEIPTS JOURNAL

SALES ACCOUNTS
OFFICIAL RECEIVED CASH DISCOUNT RECEIVABLE DR SALE PURCHASE RETURNS
DATE RECEIPT FROM DR DR (CR) S CR AND ALLOWANCES
₱14,7 ₱30,00
Feb 23 008 Gojo 00 ₱300 ₱15,000 0

February 24: Paid in full account with Kuroko. CV#013

CASH DISBURSEMENTS JOURNAL

CHECK ACCOUNTS PURCHASES SALES RETURN
VOUCHER PAID PAYABLE (DR) PURCHAS FREIGH DISCOUNT AND CASH
DATE NO. TO CR ES DR T IN DR CR ALLOWANCES DR CR
Feb Kuro ₱19,7
24 013 ko (₱20,200) ₱404 96

February 25: Collected in the full account with Mikasa. OR#009

CASH RECEIPTS JOURNAL

SALES ACCOUNTS
OFFICIAL RECEIVED CASH DISCOUNT RECEIVABLE DR SALE PURCHASE RETURNS
DATE RECEIPT FROM DR DR (CR) S CR AND ALLOWANCES
Feb 25 009 Mikasa ₱980 ₱20 (₱1,000)