DATE DESCRIPTIONS POST REF.

DEBIT CREDIT
April 1 Cash 101 ₱ 100000
Claveria, Capital 301 ₱ 100000
To record initial investment of Julie Claveria.

2 Office Equipment 150 10000

Cash 101 10000
To record computer bought in cash.

3 Office Supplies 120 700

Cash 101 700
To record office supplies purchased in cash basis.

4 Cash 101 50000

Loans Payable 210 50000
To record borrowed money from RCBC Bank.

5 Cash 101 30000

Service Income 400 30000
To record receive money from customer for tour package.

6 Rent Expense 535 5000

Cash 101 5000
To record paid office rent.

7 Utilities Expense 503 1500

Cash 101 1500
To record paid electric and water bill.

9 Cash 101 12000

Accounts Receivable 105 12000
To record cash receive from the business.

15 Salaries Expense 530 3000

Cash 101 3000
To record paid employee salary.

17 Prepaid Rent 115 5000

Cash 101 5000
To record paid office rent in advance.