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    BALMES, Kc Ann L.
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    Book2

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    5 views8 pages

    Book 2

    Uploaded by

    BALMES, Kc Ann L.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    CASH

    DATE ITEMS POST DEBIT CREDIT BALANCE


    June DEBIT CREDIT
    1 Initial Investment 30,000 30,000
    2 Purchased Equipment 15,500 14,500
    2 Purchased Supplies 1,550 12,950
    3 Freight-out 300 12,650
    6 Sales 665 13,315
    7 Freight-out 50 13,265
    9 Purchase of merchandise 1900 11,365
    11 Sales 1,220 12,585
    11 Freight-out 40 12,545
    12 Sales 1,265 13,810
    12 Freight-out 40 13,770
    14 Sales 720 14,490
    16 Sales 426 14,916
    20 Paid from June 1 transaction 7,232 7,684
    22 Sales 640 8,324
    23 Sales 300 8,624
    26 Sales 680 9,304
    28 Received payment 1,100 10,404
    29 Received payment 1,160 11,564
    29 Sales 1,160 ₱12,724
    MERCHANDISE INVENTORY
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchand 7,380 7,380
    3 Payment of reight cha 300 7,680
    6 Sales 485 7,195
    9 Purchase of merchand 1,900 9,095
    11 Sales 980 8,115
    12 Sales 1,035 7,080
    14 Sales 620 6,460
    16 Sales 366 6,094
    20 Purchase of merchandise 147.6 5,946
    22 Sales 410 5,536
    23 Sales 260 5,276
    25 Sales 950 4,326
    26 Sales 600 3,726
    27 Sales 1000 2,726
    29 Sales 1000 1,726

    MERCHANDISE INVENTORY
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchandise 7,380 7,380
    3 Payment of reight charges 300 7,680
    6 Sales 485 7,195
    9 Purchase of merchandise 1,900 9,095
    11 Sales 980 8,115
    12 Sales 1,035 7,080
    14 Sales 620 6,460
    16 Sales 366 6,094
    20 Purchase of merchandise 147.6 5,946
    22 Sales 410 5,536
    23 Sales 260 5,276
    25 Sales 950 4,326
    26 Sales 600 3,726
    27 Sales 1000 2,726
    29 Sales 1000 1,726
    ACCOUNT RECEIVABLE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    25 Sales 1,100 1,100
    27 Sales 1,160 2,260
    28 Sales 1,100 1,160
    29 Sales 1,160 0

    SUPPLIES
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    2 Purchase of supplies 1,550 1,550

    EQUIPMENT
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    2 Purchase of equipmen 15,500 15,500

    ACCOUNT PAYABLE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchandise 7,380 7,380
    20 Paid from june 1 tran 7,380 0

    Icy Dream, Capital


    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Initial Investment 30,000 ₱30,000

    FREIGHT-OUT
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    7 Freight-out 50 50
    11 Freight-out 40 90
    12 Freight-out 40 130

    RENT EXPENSE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    30 RENTAL 1,000 ₱1,000
    MERCHANDISE INVENTORY
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchand 7,380 7,380
    3 Payment of reight cha 300 7,680
    6 Sales 485 7,195
    9 Purchase of merchand 1,900 9,095
    11 Sales 980 8,115
    12 Sales 1,035 7,080
    14 Sales 620 6,460
    16 Sales 366 6,094
    20 Purchase of merchandise 147.6 5,946
    22 Sales 410 5,536
    23 Sales 260 5,276
    25 Sales 950 4,326
    26 Sales 600 3,726
    27 Sales 1000 2,726
    29 Sales 1000 1,726
    COST OF GOODS SOLD
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    6 Sales 485 485
    11 Sales 980 1,465
    12 Sales 1,035 2,500
    14 Sales 620 3,120
    16 Sales 366 3,486
    22 Sales 410 3,896
    23 Sales 260 4,156
    25 Sales 950 5,106
    26 Sales 600 5,706
    27 Sales 1000 6,706
    29 Sales 1000 ₱7,706
    CASH
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Initial Investment 30,000 30,000
    2 Purchased Equipment 15,500 14,500
    2 Purchased Supplies 1,550 12,950
    3 Freight-out 300 12,650
    6 Sales 665 13,315
    7 Freight-out 50 13,265
    9 Purchase of merchandise 1900 11,365
    11 Sales 1,220 12,585
    11 Freight-out 40 12,545
    12 Sales 1,265 13,810
    12 Freight-out 40 13,770
    14 Sales 720 14,490
    16 Sales 426 14,916
    20 Paid from June 1 transaction 7,232 7,684
    22 Sales 640 8,324
    23 Sales 300 8,624
    26 Sales 680 9,304
    28 Received payment 1,100 10,404
    29 Received payment 1,160 11,564
    29 Sales 1,160 ₱12,724

    MERCHANDISE INVENTORY
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchandise 7,380 7,380
    3 Payment of reight charges 300 7,680
    6 Sales 485 7,195
    9 Purchase of merchandise 1,900 9,095
    11 Sales 980 8,115
    12 Sales 1,035 7,080
    14 Sales 620 6,460
    16 Sales 366 6,094
    20 Purchase of merchandise 147.6 5,946
    22 Sales 410 5,536
    23 Sales 260 5,276
    25 Sales 950 4,326
    26 Sales 600 3,726
    27 Sales 1000 2,726
    29 Sales 1000 1,726

    SUPPLIES
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    2 Purchase of supplies 1,550 1,550

    EQUIPMENT
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    2 Purchase of equipment 15,500 15,500

    ACCOUNT PAYABLE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Purchase of merchandise 7,380 7,380
    20 Paid from june 1 transaction 7,380 0

    Icy Dream, Capital


    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    1 Initial Investment 30,000 ₱30,000

    FREIGHT-OUT
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    7 Freight-out 50 50
    11 Freight-out 40 90
    12 Freight-out 40 130
    ACCOUNT RECEIVABLE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    25 Sales 1,100 1,100
    27 Sales 1,160 2,260
    28 Sales 1,100 1,160
    29 Sales 1,160 0

    RENT EXPENSE
    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    30 RENTAL 1,000 ₱1,000

    COST OF GOODS SOLD


    DATE ITEMS POST DEBIT CREDIT BALANCE
    June DEBIT CREDIT
    6 Sales 485 485
    11 Sales 980 1,465
    12 Sales 1,035 2,500
    14 Sales 620 3,120
    16 Sales 366 3,486
    22 Sales 410 3,896
    23 Sales 260 4,156
    25 Sales 950 5,106
    26 Sales 600 5,706
    27 Sales 1000 6,706
    29 Sales 1000 ₱7,706

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