No.

Account Titl Trial Balance Adjustments Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

Cash on Hand 3,847.50 3,847.50

Cash in bank 11,476.90 4,547.50 6,929.40
Petty Cash 2,000.00 1,905.35 94.65
Accounts Re 28,965.00 28,965.00
VAT Receivable 231.61 231.61
Merchandise 57,790.00 57,790.00
Furniture an 70,000.00 70,000.00
Accumulated Depreciatio 612.50 850.00 1,462.50
Delivery Equ 90,000.00 90,000.00
Accumulated Depreciatio 2,667.00 1,333.33 4,000.33
Deposit for 10,000.00 10,000.00
Deposit for Ut 2,000.00 2,000.00
Prepaid Supplies 250.00 250.00
Accounts Payable 36,900.00 36,900.00
SS&EC Premiums Payab 8,950.00 8,950.00
MCR Premiums Payable 5,940.00 5,940.00
Pag-ibig Premiums Payab 1,000.00 1,000.00
Rent Payable 10,000.00 10,000.00
Utilities Payable 1,500.00 1,500.00
Interest Payable 149.13 149.13
Withholding Taxes Payab 729.88 729.88
Notes Payable 15,120.00 15,120.00
Mabuhay Capital 308,501.02 308,501.02
Mabuhay Per 200.00 200.00
Input Tax 8,942.78 8,942.78
Output Tax 8,711.17 8,711.17
Income &Expense Summary 71,800.00 71,800.00
Sales 73,198.67 73,198.67
Purchases 64,285.72 64,285.72
Sales Discou 605.49 605.49
Purchase Discount 48.21 48.21
Purchase returs &A 3,214.29 3,214.29
Gas and Oil 500.00 350.00 850.00
Supplies Ex 313.35 308.00 250.00 371.35
Repairs Exp 1,000.00 1,247.35 2,247.35
Salary Expe 108,000.00 108,000.00
SS&EC Exp 6,043.50 6,043.50
MCR Ex 2,970.00 2,970.00
Pag-ibig Ex 500.00 500.00
Rent Expense 10,000.00 10,000.00
Utilities Expense 1,500.00 1,500.00
Interest Expense 149.13 149.13
Depricitation-Furniture and Equipment 1,333.33 1,333.33
Depriciation-Delivery Equipment 850.00 850.00
Bank Charges 700.00 700.00
Merchandise Inventory (ending) 71,800.00 71,800.00

Net Loss

465592.74 465592.74 101278.09 101278.09 542,514.03 542,514.03

Income Statement Balance Sheet No.
Debit Credit Debit Credit

3,847.50
6,929.40
94.65
28,965.00
231.61
57,790.00
70,000.00
1,462.50
90,000.00
4,000.33
10,000.00
2,000.00
250.00
36,900.00
8,950.00
5,940.00
1,000.00
10,000.00
1,500.00
149.13
729.88
15,120.00
308,501.02
200.00

71,800.00
73,198.67
64,285.72
605.49
48.21
3,214.29
850.00
371.35
2,247.35
108,000.00
6,043.50
2,970.00
500.00 - - -
10,000.00
1,500.00
149.13
 1,333.33
850.00
700.00
71,800.00
258,195.87 148,261.17 284,318.16
109,934.70 109,934.70

148,261.17 148,261.17 394,252.86 394,252.86