Journal Entires Posting to Genral Ledger

Cash 200,000.00 Cash Doria Capital

Doria Capital 200,000.00 200,000.00 350,000.00
to record capital investment 200,000.00 20,000.00
48,000.00 8,000.00
Cash 200,000.00 448,000.00 378,000.00
Loan payble to UCPB 200,000.00 70,000.00
To record cash loan from bank
`
Copying Machine 350,000.00
Cash 350,000.00
to record purchase of copying machine Copying Machine Loan payable to UCPB
350,000.00
Prepaid supplies 20,000.00
Cash 20,000.00
to record purchase of supplies

Cash 48,000.00
Sales /Revenue 48,000.00
To record cash receipt from reproduction work
Prepaid Supplies
Rent 5,000.00 20,000.00 8,000.00
Utilities 3,000.00 12,000.00
Cash 8,000.00
To record business expenses

Supplies used/expense 8,000.00

Prepaid supplies 8,000.00
To record supplies used for business
Sales Rent
48,000.00 5,000.00
to Genral Ledger Summarizing

Doria Capital Cash 70,000.00 Asset

200,000.00 Copying Machine 350,000.00 Asset
Prepaid Supplies 12,000.00 Asset
Loan payable to UCPB - 200,000.00 Liability
Doria Capital - 200,000.00 Equity
Sales - 48,000.00 Revenue
Rent 5,000.00 Expenses
Utiltties 3,000.00 Expenses
Supplies 8,000.00 Expenses
-
Loan payable to UCPB
200,000.00
Rent Utiltties Supplies
3,000.00 8,000.00
 Report

Income Statement
30 June 2022

Sales 48,000.00

Expenses
Rent 5,000.00
Utiltties 3,000.00
Supplies 8,000.00
Total Expenses 16,000.00

Net Profit 32,000.00

Statement of Changes in Owner's Equity

For year ended 30 June 2022

Doria Capital, June 1 200,000.00

Add: Profit for the month 32,000.00
less: Drawings -
add: additional investment -
Doria Capital, June 30 232,000.00

Statement of Financial Position

For year ended 30 June 2022

Assets
Current Assets
Cash 70,000.00
Prepaid Supplies 12,000.00
Total Current Assets 82,000.00

Non-Current Assets
Copying Machine 350,000.00
Total Non-Current Assets 350,000.00

Total Assets 432,000.00

Non-current Liabilities
Loan payable to UCPB 200,000.00
Total Liabilities 200,000.00

Owner's Equity
Doria Capital 232,000.00
Total Owner's Equity 232,000.00

Total Liabilities & Owner's Equity 432,000.00

Statement of Cash Flow

For year ended 30 June 2022

Operating activities
Cash receipts from customers 48,000.00
Cash paid from purchase of supplies - 20,000.00
Cash paid from expenses - 8,000.00
Total operating activities 20,000.00
Investing activities
Cash paid from purchase of copying machine - 350,000.00
Total Investing activities - 350,000.00

Financing activities
Cash Investmemt 200,000.00
Cash borrowed from bank 200,000.00
Total Financing activities 400,000.00

Opening Cash -
Net Cash flow 70,000.00
Closing balance 70,000.00
 Journal Entires Posting to Genral Ledger

Cash 52,000.00 Cash Doria Capital

Sales 52,000.00 70,000.00 20,000.00
to record cash receipts from sales 52,000.00 5,000.00
5,000.00
Prepaid supplies 20,000.00 3,000.00
Cash 20,000.00 50,000.00
To record payment to new supplies purchase 122,000.00 83,000.00
39,000.00
Supplies 16,000.00
Prepaid supplies 16,000.00
To record used supplies Copying Machine Loan payable to UCPB
350,000.00 50,000.00
Rent 5,000.00
Cash 5,000.00
To record payment to rent expenses

Utilities 5,000.00
Cash 5,000.00
To record payment to utilities
Prepaid Supplies Doria Drawings
Doria Drawings 3,000.00 12,000.00 16,000.00 3,000.00
Cash 3,000.00 20,000.00
To record cash withdrawal 32,000.00 16,000.00
16,000.00
Loan payble to UCPB 50,000.00
Cash 50,000.00
To record repayment of loan to UCPB
Sales Rent
52,000.00 5,000.00
to Genral Ledger Summarizing

Doria Capital Cash ₱39,000.00 Asset

232,000.00 Copying Machine ₱350,000.00 Asset
Prepaid Supplies ₱16,000.00 Asset
Loan payable to UCPB (₱150,000.00) Liability
Doria Capital (₱232,000.00) Equity
Sales (₱52,000.00) Revenue
Rent ₱5,000.00 Expenses
Utiltties ₱5,000.00 Expenses
Supplies ₱16,000.00 Expenses
Doria Drawings ₱3,000.00 Equity
Loan payable to UCPB
200,000.00 -
150,000.00

Doria Drawings
Rent Utiltties Supplies
5,000.00 16,000.00
Report

Income Statement
30 June 2022

Sales 48,000.00

Expenses
Rent 5,000.00
Utiltties 3,000.00
Supplies 8,000.00
Total Expenses 16,000.00

Net Profit 32,000.00

Statement of Changes in Owner's Equity

For year ended 30 June 2022

Doria Capital, June 1 200,000.00

Add: Profit for the month 32,000.00
less: Drawings -
add: additional investment -
Doria Capital, June 30 232,000.00

Statement of Financial Position

For year ended 30 June 2022

Assets
Current Assets
Cash 70,000.00
Prepaid Supplies 12,000.00
Total Current Assets 82,000.00

Non-Current Assets
Copying Machine 350,000.00
Total Non-Current Assets 350,000.00

Total Assets 432,000.00

Non-current Liabilities
Loan payable to UCPB 200,000.00
Total Liabilities 200,000.00

Owner's Equity
Doria Capital 232,000.00
Total Owner's Equity 232,000.00

Total Liabilities & Owner's Equity 432,000.00

Statement of Cash Flow

For year ended 30 June 2022

Operating activities
Cash receipts from customers 48,000.00
Cash paid from purchase of supplies - 20,000.00
Cash paid from expenses - 8,000.00
Total operating activities 20,000.00
Investing activities
Cash paid from purchase of copying machine - 350,000.00
Total Investing activities - 350,000.00

Financing activities
Cash Investmemt 200,000.00
Cash borrowed from bank 200,000.00
Total Financing activities 400,000.00

Opening Cash -
Net Cash flow 70,000.00
Closing balance 70,000.00
 Income Statement
31 July 2022

Sales 52,000.00

Expenses
Rent 5,000.00
Utiltties 5,000.00
Supplies 16,000.00
Total Expenses 26,000.00

Net Profit 26,000.00

Statement of Changes in Owner's Equity

For year ended 31 July 2022

Doria Capital, July 1 232,000.00

Add: Profit for the month 26,000.00
less: Drawings - 3,000.00
add: additional investment -
Doria Capital, July 31 255,000.00

Statement of Financial Position

For year ended 31 July 2022

Assets
Current Assets
Cash 39,000.00 - 31,000.00
Prepaid Supplies 16,000.00
Total Current Assets 55,000.00
Non-Current Assets

Copying Machine 350,000.00

Total Non-Current Assets 350,000.00

Total Assets 405,000.00

Non-current Liabilities
Loan payable to UCPB 150,000.00
Total Liabilities 150,000.00

Owner's Equity
Doria Capital 255,000.00
Total Owner's Equity 255,000.00

Total Liabilities & Owner's Equity 405,000.00

Statement of Cash Flow

For year ended 31 July 2022

Operating activities
Cash receipts from customers 52,000.00
Cash paid from purchase of supplies - 20,000.00
Cash paid for rent expense - 5,000.00
Cash paid for utilities expenses - 5,000.00
Total operating activities 22,000.00
Investing activities

Total Investing activities -

Financing activities
Cash withdrawal - 3,000.00
Cash paid to bank loan - 50,000.00
Total Financing activities - 53,000.00

Opening Cash 70,000.00

Net Cash flow - 31,000.00
Closing balance 39,000.00
 Journal Entires Posting to Genral Ledger

Cash 24,000.00 Cash Doria Capital

Sales 24,000.00 70,000.00 20,000.00
to record cash receipts from sales 24,000.00 5,000.00
5,000.00
Prepaid supplies 20,000.00 3,000.00
Cash 20,000.00 50,000.00
To record payment to new supplies purchase 94,000.00 83,000.00
11,000.00
Supplies 16,000.00
Prepaid supplies 16,000.00
To record used supplies Copying Machine Loan payable to UCPB
350,000.00 50,000.00
Rent 5,000.00
Cash 5,000.00
To record payment to rent expenses

Utilities 5,000.00
Cash 5,000.00
To record payment to utilities
Prepaid Supplies Doria Drawings
Doria Drawings 3,000.00 12,000.00 16,000.00 3,000.00
Cash 3,000.00 20,000.00
To record cash withdrawal 32,000.00 16,000.00
16,000.00
Loan payble to UCPB 50,000.00
Cash 50,000.00
To record repayment of loan to UCPB
Sales Rent
24,000.00 5,000.00
to Genral Ledger Summarizing

Doria Capital Cash ₱11,000.00 Asset

232,000.00 Copying Machine ₱350,000.00 Asset
Prepaid Supplies ₱16,000.00 Asset
Loan payable to UCPB (₱150,000.00) Liability
Doria Capital (₱232,000.00) Equity
Sales (₱24,000.00) Revenue
Rent ₱5,000.00 Expenses
Utiltties ₱5,000.00 Expenses
Supplies ₱16,000.00 Expenses
Doria Drawings ₱3,000.00 Equity
Loan payable to UCPB
200,000.00 -
150,000.00

Doria Drawings
Rent Utiltties Supplies
5,000.00 16,000.00
Report

Income Statement
30 June 2022

Sales 48,000.00

Expenses
Rent 5,000.00
Utiltties 3,000.00
Supplies 8,000.00
Total Expenses 16,000.00

Net Profit(Loss) 32,000.00

Statement of Changes in Owner's Equity

For year ended 30 June 2022

Doria Capital, June 1 200,000.00

Add: Profit for the month 32,000.00
less: Drawings -
add: additional investment -
Doria Capital, June 30 232,000.00

Statement of Financial Position

For year ended 30 June 2022

Assets
Current Assets
Cash 70,000.00
Prepaid Supplies 12,000.00
Total Current Assets 82,000.00

Non-Current Assets
Copying Machine 350,000.00
Total Non-Current Assets 350,000.00

Total Assets 432,000.00

Non-current Liabilities
Loan payable to UCPB 200,000.00
Total Liabilities 200,000.00

Owner's Equity
Doria Capital 232,000.00
Total Owner's Equity 232,000.00

Total Liabilities & Owner's Equity 432,000.00

Statement of Cash Flow

For year ended 30 June 2022

Operating activities
Cash receipts from customers 48,000.00
Cash paid from purchase of supplies - 20,000.00
Cash paid from expenses - 8,000.00
Total operating activities 20,000.00
Investing activities
Cash paid from purchase of copying machine - 350,000.00
Total Investing activities - 350,000.00

Financing activities
Cash Investmemt 200,000.00
Cash borrowed from bank 200,000.00
Total Financing activities 400,000.00

Opening Cash -
Net Cash inflow 70,000.00
Closing balance 70,000.00
 Income Statement
31 July 2022

Sales 24,000.00

Expenses
Rent 5,000.00
Utiltties 5,000.00
Supplies 16,000.00
Total Expenses 26,000.00

Net Profit(Loss) - 2,000.00

Statement of Changes in Owner's Equity

For year ended 31 July 2022

Doria Capital, July 1 232,000.00

Less: Loss for the month - 2,000.00
Less: Drawings - 3,000.00
Add: additional investment -
Doria Capital, July 31 227,000.00

Statement of Financial Position

For year ended 31 July 2022

Assets
Current Assets
Cash 11,000.00 - 59,000.00
Prepaid Supplies 16,000.00
Total Current Assets 27,000.00
Non-Current Assets

Copying Machine 350,000.00

Total Non-Current Assets 350,000.00

Total Assets 377,000.00

A=L+E
Non-current Liabilities
Loan payable to UCPB 150,000.00
Total Liabilities 150,000.00

Owner's Equity
Doria Capital 227,000.00
Total Owner's Equity 227,000.00

Total Liabilities & Owner's Equity 377,000.00

Statement of Cash Flow

For year ended 31 July 2022

Operating activities
Cash receipts from customers 24,000.00
Cash paid from purchase of supplies - 20,000.00
Cash paid for rent expense - 5,000.00
Cash paid for utilities expenses - 5,000.00
Total operating activities - 6,000.00
Investing activities

Total Investing activities -

Financing activities
Cash withdrawal - 3,000.00
Cash paid to bank loan - 50,000.00
Total Financing activities - 53,000.00

Opening Cash 70,000.00

Net Cash outflow - 59,000.00
Closing balance 11,000.00
 Journal Entires Posting to Genral Ledger
June
Cash 200,000.00 Cash
Doria Capital 200,000.00 200,000.00 350,000.00
to record capital investment 200,000.00 20,000.00
48,000.00 8,000.00
Cash 200,000.00 52,000.00 20,000.00
Loan payble to UCPB 200,000.00 5,000.00
To record cash loan from bank 5,000.00
` 3,000.00
Copying Machine 350,000.00 50,000.00
Cash 350,000.00 500,000.00 461,000.00
to record purchase of copying machine 39,000.00
Copying Machine
Prepaid supplies 20,000.00 350,000.00
Cash 20,000.00
to record purchase of supplies

Cash 48,000.00
Sales /Revenue 48,000.00
To record cash receipt from reproduction work

Rent 5,000.00 Prepaid Supplies

Utilities 3,000.00 20,000.00 8,000.00
Cash 8,000.00 20,000.00 16,000.00
To record business expenses 40,000.00 24,000.00
16,000.00
Supplies used/expense 8,000.00
Prepaid supplies 8,000.00
To record supplies used for business
July
Sales
48,000.00
Cash 52,000.00 52,000.00
Sales 52,000.00 100,000.00
to record cash receipts from sales

Prepaid supplies 20,000.00

Cash 20,000.00
To record payment to new supplies purchase

Supplies 16,000.00
Prepaid supplies 16,000.00
To record used supplies

Rent 5,000.00
Cash 5,000.00
To record payment to rent expenses

Utilities 5,000.00
Cash 5,000.00
To record payment to utilities

Doria Drawings 3,000.00

Cash 3,000.00
To record cash withdrawal

Loan payble to UCPB 50,000.00

Cash 50,000.00
To record repayment of loan to UCPB
Posting to Genral Ledger Summarizing

Doria Capital Cash ₱39,000.00 Asset

200,000.00 Copying Machine ₱350,000.00 Asset
Prepaid Supplies ₱16,000.00 Asset
Loan payable to UCPB (₱150,000.00) Liability
Doria Capital (₱200,000.00) Equity
Sales (₱100,000.00) Revenue
Rent ₱10,000.00 Expenses
Utiltties ₱8,000.00 Expenses
Supplies ₱24,000.00 Expenses
Doria Drawings ₱3,000.00
₱0.00
Loan payable to UCPB
50,000.00 200,000.00
150,000.00

Doria Drawing
3,000.00
 Supplies
Rent Utiltties 8,000.00
5,000.00 3,000.00 16,000.00
5,000.00 5,000.00 24,000.00
10,000.00 8,000.00
 Income Statement
jun & July 2022

Sales 100,000.00

Expenses
Rent 10,000.00
Utiltties 8,000.00
Supplies 24,000.00
Total Expenses 42,000.00

Net Profit 58,000.00

Statement of Changes in Owner's Equity

For year ended 31 July 2022

Doria Capital, July -

Add: Profit for the month 58,000.00
less: Drawings - 3,000.00
add: additional investment 200,000.00
Doria Capital, July 31 255,000.00

Statement of Financial Position

For year ended 31 July 2022

Assets
Current Assets
Cash 39,000.00
Prepaid Supplies 16,000.00
Total Current Assets 55,000.00
Non-Current Assets

Copying Machine 350,000.00

Total Non-Current Assets 350,000.00

Total Assets 405,000.00

Non-current Liabilities
Loan payable to UCPB 150,000.00
Total Liabilities 150,000.00

Owner's Equity
Doria Capital 255,000.00
Total Owner's Equity 255,000.00

Total Liabilities & Owner's Equity 405,000.00

Statement of Cash Flow

For year ended 31 July 2022

Operating activities
Cash receipts from customers ₱100,000.00
Cash paid from purchase of supplies (₱40,000.00)
Cash paid for rent expense (₱10,000.00)
Cash paid for utilities expenses (₱8,000.00)
Total operating activities ₱42,000.00
Investing activities
Cash paid from purchase copying machine (₱350,000.00)
Total Investing activities (₱350,000.00)

Financing activities
Cash received from investing ₱200,000.00
Cash received from loan ₱200,000.00
Cash withdrawal (₱3,000.00)
Cash paid to bank loan (₱50,000.00)
Total Financing activities ₱347,000.00

Opening Cash -
Net Cash flow 39,000.00
Closing balance 39,000.00
 Report

Income Statement
31-Dec-22

Sales 205,000.00

Expenses
Business expenses 115,000.00

Total Expenses 115,000.00

Net Profit 90,000.00

Statement of Changes in Owner's Equity

For year ended 31 Dec 2022

Siojo Capital, Oct 1 200,000.00

Add: Profit for the month 90,000.00
less: Drawings - 15,000.00
add: additional investment -
Doria Capital, Dec 31 275,000.00

Statement of Financial Position

For year ended 31 Dec 2022

Assets
Current Assets
Cash 250,000.00
Receivable -
Prepaid Supplies
Total Current Assets 250,000.00

Non-Current Assets
Equipment 100,000.00
Furniture and Fixture 25,000.00
Total Non-Current Assets 125,000.00

Total Assets 375,000.00 A=L+E

Current Liabilities
Payable to travel agency -
-
Non-current Liabilities
Loan payable to bank 100,000.00
Total Liabilities 100,000.00

Owner's Equity
Doria Capital 275,000.00
Total Owner's Equity 275,000.00

Total Liabilities & Owner's Equity 375,000.00

Statement of Cash Flow

For year ended 30 June 2022

Operating activities
Cash receipts from customers 205,000.00
Cash paid from purchase of supplies - 115,000.00
Cash paid from expenses
Total operating activities 90,000.00

Investing activities
Cash paid from purchase of Equipment - 100,000.00
Cash paid from purchase of Furniture - 25,000.00
Total Investing activities - 125,000.00

Financing activities
Cash withdrawal - 15,000.00
Cash borrowed from bank 150,000.00
Cash repayment for loan - 50,000.00
Total Financing activities 85,000.00

Oct,1 200,000.00
Net Cash flow 50,000.00
Closing balance 250,000.00
 Report

Income Statement Sales on account 100,000

31-Dec-22
Receivables 100,000
Sales 305,000.00 Sales

Expenses
Business expenses 165,000.00

Total Expenses 165,000.00

Net Profit 140,000.00

Statement of Changes in Owner's Equity

For year ended 31 Dec 2022

Siojo Capital, Oct 1 200,000.00

Add: Profit for the month 140,000.00
less: Drawings - 15,000.00
add: additional investment -
Doria Capital, Dec 31 325,000.00

Statement of Financial Position

For year ended 31 Dec 2022

Assets
Current Assets
Cash 250,000.00
Receivable 100,000.00
Prepaid Supplies
Total Current Assets 350,000.00

Non-Current Assets
Equipment 100,000.00
Furniture and Fixture 25,000.00
Total Non-Current Assets 125,000.00

Total Assets 475,000.00 A=L+E

Current Liabilities
Payable to travel agency 50,000.00
50,000.00
Non-current Liabilities
Loan payable to bank 100,000.00
Total Liabilities 150,000.00

Owner's Equity
Doria Capital 325,000.00
Total Owner's Equity 325,000.00

Total Liabilities & Owner's Equity 475,000.00

Statement of Cash Flow

For year ended 30 June 2022

Operating activities
Cash receipts from customers 205,000.00
Cash paid from purchase of supplies - 115,000.00
Cash paid from expenses
Total operating activities 90,000.00

Investing activities
Cash paid from purchase of Equipment - 100,000.00
Cash paid from purchase of Furniture - 25,000.00
Total Investing activities - 125,000.00

Financing activities
Cash withdrawal - 15,000.00
Cash borrowed from bank 150,000.00
Cash repayment for loan - 50,000.00
Total Financing activities 85,000.00

Oct,1 200,000.00
Net Cash flow 50,000.00
Closing balance 250,000.00
 Travel expense 50,000.00
Payable to travel agency 50,000.00

100,000
Cash inflow from sales revenue 1,300,000.00
Less Cash outflows for:
Expenses paid 600,000.00
Owner's Drawing 100,000.00
Payment of loan 300,000.00
Acquisition of equipment 175,000.00 1,175,000.00
Net cash inflow( outflow) during the month 125,000.00
Add: Cash balance Dec 31, 2020 750,000.00
Cash balance Jan 31, 2021 875,000.00 #16

Statement of Changes in Owner's Equity

For year ended 30 June 2022

Owner's Capital Dec 31 1,250,000.00

Add: Profit for the month 750,000.00
less: Drawings - 100,000.00
add: additional investment -
Owner's Capital Jan 31 1,900,000.00 #18
Sales 1,500,000.00
Expenses - 750,000.00
Net Income 750,000.00 #17