DATE ACCOUNT TITLES ACCOUNT NO.

DEBIT CREDIT
June 1 Cash 110 P90,000
DMBM, Capital 310 P90,000
June 2 Equipment 150 P8,000
Cash 110 P8,000
Merchandise Inventory 130 P18,000
Accounts Payable 210 P18,000
June 3 Supplies 140 P18,000
Cash 110 P18,000
June 4 Accounts Receivable 120 P13,000
Sales 410 P13,000
June 5 Transportation Out 550 P500
Cash 110 P500
June 6 Cash 110 P500
Purchase Returns and … 530 P500
Allowances
June 10 Accounts Payable 210 P18,000
Cash 110 P18,000
June 11 Cash 110 P13,000
Accounts Receivable 120 P13,000
June 12 Merchandise Inventory 130 P14,000
Cash 110 P14,000
June 13 Salaries Expense 570 P1,600
Cash 110 P1,600
June 14 Cash 110 P23,000
Notes Payable 220 P23,000
June 17 Cash 110 P1,000
Purchase Returns and … 530 P1,000
Allowances
June 20 Merchandise Inventory 130 P12,000
Accounts Payable 210 P12,000
June 21 Transportation In 540 P700
Cash 110 P700
June 22 Cash 110 P17,000
Sales 410 P17,000
June 25 Merchandise Inventory 130 P15,000
Cash 110 P15,000
June 26 Accounts Payable 110 P12,000
Cash 210 P12,000
June 27 DMBM, Drawing 320 P3,020
DMBM, Capital 310 P3,020
June 28 Sale Returns and Allowances 430 P500
Cash 110 P500
June 29 Accounts Receivable 120 P17,000
Sales 410 P17,000
June 30 Salaries Expense 570 P2,000
Utilities Expense 580 P500
Rent Expense 560 P3,000
Advertising Expense 590 P1,000
Cash 110 P6,500