GENERAL JOURNAL GJ 1

DATE ACCOUNTS AND EXPLAINATIONS PR DEBIT CREDIT

1-Dec Cash 200000
Sabio, Capital 200000
Investment of cash by the owner
3-Dec Rent Expense 10000
Cash 10000
Payment for montly rent of the office
4-Dec Accounts Receivable 25000
Consulting Revenues 25000
Revenue for rendered services to
Rowena Carpio
7-Dec Accounts Receivable 20000
Consulting Revenues 20000
Revenue for rendered services to
Olive Oabel
12-Dec Gasoline Expense 600
Cash 600
Payment for gasoline purchases
14-Dec Salaries Expense 6000
Cash 6000
Payment for contractual
secretarial services
17-Dec Office Supplies 2800
Accounts Payable 2800
Purchase of office supplies
on account
20-Dec Utilities Expense 1000
Cash 1000
Payment of telephone bills
21-Dec Sabio, Withdrawals 11000
Cash 11000
Withdrawal of cash for personal use
24-Dec Charitable Contributions Expense 1000
Cash 1000
Cash donation to an organization
27-Dec Accounts Receivable 20000
Consulting Revenues 20000
Revenue for rendered services to
Vivian de Guzman
28-Dec Salaries Expense 6000
Cash 6000
Payment for contractual
secretarial services
 Utilities Expense 750
Cash 750
Payment of electric bill
29-Dec Office Supplies 1000
Accounts Payable 1000
Partial payment of supplies
purchased on account

SUBMITTED BY:
PATRICK JAMES PANGILINAN
GRADE 11-ABM PYTHAGORAS