Cash Accounts Payable

P250, 000 P80,000

P 2,000 P25,000
P15, 000
P1,500
P25,000 Bal: P55,000
P10,000
P5,000
Bal: P221,500

Salaries Expense Accounts Recievable

P5,000 P25, 000

Bal: P25,000
Bal: P5,000
 Washing Machine Valdez Drawings
P80,000 P10, 000

Bal: 80, 000

Bal: P10, 000

Valdez Capital Service Revenue

P250, 000 P 15, 000
P25, 000

Bal: P250, 000 Bal: P40, 000

Rent Expense Service Revenue

P2,000 P5, 000

Bal: P2,000
Bal: P5, 000
 Name
General Journal
GENERAL JOURNAL

Date Account Titles and Explanation PR Debit Credit

1-Jun-19 Cash 101 PHP 250,000
Valdez Capital 301 PHP 250,000

5-Jun-19 4 Washing Machine 103 PHP 80,000

Accounts Payable 201 PHP 80,000

6-Jun-19 Rent Expense 501 PHP 2,000

Cash 101 PHP 2,000

15-Jun-19 Cash 101 PHP 15,000

Service Revenue 401 PHP 15,000

20-Jun-19 Repair Expense 502 PHP 1,500

Cash 101 PHP 1,500

22-Jun-19 Accounts Payable 201 PHP 25,000

Cash 101 PHP 25,000

24-Jun-19 Account Recievable 102 PHP 25,000

Service Revenue 401 PHP 25,000

28-Jun-19 Valdez Drawings 302 PHP 10,000

Cash 101 PHP 10,000

30-Jun-19 Salaries Expense 503 PHP 5,000

Cash 101 PHP 5,000