Cash

Date Description F Debit Date

2021 G-J1 2021
April 2 71,000.00 April 3
7 1,500.00 10
11 4,800.00 12
23 3,300.00 14
25 3,600.00 15
18
84,200.00 24
27
16,700.00 29

Accounts Receivable
Date Description F Debit Date
2021 2021
April 5 4,800.00 April 11
13 6,200.00 23

11,000.00

2,900.00

Painting Supplies
Date Description F Debit Date
2021 2021
April 4 3,200.00 April
10 1,600.00
20 2,900.00

7,700.00
Prepaid Insurance
Date Description F Debit Date
2021 2021
April 12 4,000.00 April

Painting Equipment
Date Description F Debit Date
2021 2021
April 2 12,300.00 April
20 6,000.00

18,300.00

Service Vehicle
Date Particular F Debit Date
2021 2021
April 3 80,000.00 April
Notes Payable
Date Description F Debit Date
2021 2021
April 27 2,000.00 April 3

Accounts Payable
Date Particular F Debit Date
2021 2021
April 18 3,200.00 April 4
20
22

Villanueva, Capital
Date Description F Debit Date
2021 2021
April April 2
Villanueva, Withdrawals
Date Particular F Debit Date
2021 2021
April 24 3,000.00 April

Painting Revenues
Date Description F Debit Date
2021 2021
April April 5
7
13
25
Wages Expense
Date Particular F Debit Date
2021 2021
April 14 1,500.00 April
29 1,800.00

3,300.00

Utilities Expense
Date Description F Debit Date
2021 2021
April 22 600.00 April

Maintenance Expense
Date Particular F Debit Date
2021 2021
April 15 400.00 April
 110
Description F Credit

50,000.00
1,600.00
4,000.00
1,500.00
400
3,200.00
3,000.00
2,000.00
1,800.00

67,500.00

120
Description F Credit

4,800.00
3,300.00

8,100.00

130
Description F Credit
 140
Description F Credit

150
Description F Credit

160
Description F Credit
 210
Description F Credit

30,000.00

28,000.00

220
Description F Credit

3,200.00
8,900.00
600.00

12,700.00

9,500.00

310
Description F Credit

83,300.00
 320
Description F Credit

410
Description F Credit

4,800.00
1,500.00
6,200.00
3,600.00

16,100.00
 510
Description F Credit

520
Description F Credit

530
Description F Credit
 Winnie Villanueva
Trial Balance
As of April 31, 2021

Account Titles Debit Credit

Cash 16,700.00
Accounts Receivable 2,900.00
Painting Supplies 7,700.00
Prepaid Insurance 4,000.00
Painting Equipment 18,300.00
Service Vehicle 80,000.00
Notes Payable 28,000.00
Accounts Payable 9,500.00
Villanueva, Capital 83,300.00
Villanueva, Withdrawals 3,000.00
Painting Revenues 16,100.00
Wages Expense 3,300.00
Utilities Expense 600
Maintenance Expense 400

136,900.00 136,900.00
Cash
Date Description F Debit Date
2022 2022
May 13 9,750.00 May 2
19 14,600.00 7
8
24,350.00 10
12
16
23
25
27
28

Accounts Receivable
Date Description F Debit Date
2022 2022
May 6 29,200.00 May 13
26 31,600.00

60,800.00

51,050.00

Office Supplies
Date Description F Debit Date
2022 2022
May 4 17,100.00 May
22 4,650.00

21,750.00

Office Condominium
Date Description F Debit Date
2022 2022
May 10 265,000.00 May

Office Equipment
Date Description F Debit Date
2022 2022
May 3 36,800.00 May

Accounting Library
Date Description F Debit Date
2022 2022
May 7 19,500.00 May

Notes Payable
Date Description F Debit Date
2022 2022
May May 10

Accounts Payable
Date Description F Debit Date
2022 2022
May 8 4,100.00 May 3
4
22

Leon, Capital
Date Description F Debit Date
2022 2022
May 2 92,500.00 May

Leon, Withdrawals
Date Description F Debit Date
 2022 2022
May 23 8,150.00 May

Accounting Revenues
Date Description F Debit Date
2022 2022
May May 6
19
26

Salaries Expense
Date Description F Debit Date
2022 2022
May 12 14,200.00 May
15 10,300.00

24,500.00
Rent Expense
Date Description F Debit Date
2022 2022
May 28 3,250.00 May

Telephone Expense
Date Description F Debit Date
2022 2022
May 16 650 May

Professional Dues Expense

Date Description F Debit Date
2022 2022
May 27 5,500.00 May
 110
Description Credit

92,500.00
19,500.00
4,100.00
38,000.00
14,200.00
650
8,150.00
10,300.00
5,500.00
3,250

196,150
171,800.00
120
Description Credit

9,750

130
Description Credit

140
Description Credit
 150
Description Credit

160
Description Credit

210
Description Credit
 227,000.00

220
Description Credit

36,800.00
17,100.00
4,650.00

58,550.00

54,450.00

310
Description Credit

320
Description Credit
 410
Description Credit

29,200.00
14,600.00
31,600.00

75,400.00

510
Description Credit
 520
Description Credit

530
Description Credit

540
Description Credit
 Karen Leon, CPA
Trial Balance
May 28, 2022

Account Titles Debit Credit

Cash 171,800.00
Accounts Receivable 51,050.00
Office Supplies 21,750.00
Office Condominium 265,000.00
Office Equipment 36,800.00
Accounting Library 19,500.00
Notes Payable 227,000.00
Accounts Payable 54,450.00
Leon, Capital 92,500.00
Leon, Withdrawals 8,150.00
Accounting Revenues 75,400.00
Salaries Expense 24,500.00
Rent Expense 3,250.00
Telephone Expense 650
Professional Dues Expense 5,500.00

528,650.00 528,650.00
 Date Particulars Debit
2022
December 1 Player Contracts 1,875,000.00
Cash
Notes Payable
Acquired contract by paying cash
and issuing notes payable.

2 Cash 2,809,500.00
Accounts Receivable
Collected from season-ticket holder.

3 Accounts Payable 1,657,500.00

Cash
Settled accounts payable.

4 Advertising Expense 78,600.00

Cash
Paid cash for advertising.

5 Uniform Supplies 30,750.00

Accounts Payable
Acquired additional uniforms on account

9 Accounts Receivable 320,250.00

Game Attendance Revenues
Billed season-ticket holder.

10 Notes Payable 600,000.00

Cash
Paid amount due this date for a note payable.

11 Prepaid Insurance 215,250.00

Cash
Acquired insurance for cash.

12 Training Equipment 319,500.00

Accounts Payable
Acquired additional training equipment.

15 Salaries Expense 1,136,250.00

Cash
Paid player's salaries.

17 Cash 3,316,050.00
 Game Attendance Revenues
Received cash for tickets.

19 Travel Expense 558,000.00

Cash
Paid travel expense.

20 Laundry Expenses 12,600.00

Cash
Paid laundry expense.

23 Accounts Payable 941,850.00

Cash
Paid creditors.

25 Miscellaneous Expense 26,850.00

Cash
Paid miscellaneous expense.

26 Medical Expense 18,900.00

Cash
Paid medical expense.

27 Utilities Expense 210,450.00

Cash
Paid utilities expense.

28 Salaries Expense 1,240,650.00

Cash
Paid player's salaries.

30 Fabella, Withdrawals 250,000.00

Cash
The owner withdrew cash from the business.

15,617,950.00
Credit

225,000.00
1,650,000.00

2,809,500.00

1,657,500.00

78,600.00

30,750.00

320,250.00

600,000.00

215,250.00

319,500.00

1,136,250.00
 3,316,050.00

558,000.00

12,600.00

941,850.00

26,850.00

18,900.00

210,450.00

1,240,650.00

250,000.00

15,617,950.00
Cash
Date Descriptions F Debit Date
2022 2022
Dec 1 Beginning Balance / 1,129,800.00 Dec
2 GJ-12 2,809,500.00 1
17 GJ-12 3,316,050.00 3
7,255,350.00 4
10
11
15
19
20
23
25
26
27
28
30
83,450.00

Accounts Receivable
Date Descriptions F Debit Date F
2022 2022
Dec 1 Beginning Balance / 3,712,500.00 Dec 2
9 GJ-12 320,250.00
4,032,750.00
1,223,250.00

Uniform Supplies
Date Descriptions F Debit Date F
 2022 2022
Dec 1 Beginning Balance / 31,050.00 Dec
5 GJ-12 30,750.00
61,800.00
61,800.00

Prepaid Insurance
Date Descriptions F Debit Date F
2022 2022
Dec 11 GJ-12 215,250.00 Dec
215,250.00

Land
Date Descriptions F Debit Date F
2022 2022
Dec 1 Beginning Balance / 2,025,000.00 Dec

2,025,000.00
Training Facilities
Date Descriptions F Debit Date F
2022 2022
Dec 1 Beginning Balance / 12,750,000.00 Dec

12,750,000.00

Training Equipment
Date Descriptions F Debit Date F
2022 2022
Dec 1 Beginning Balance / 2,625,000.00 Dec
12 GJ-12 319,500.00
2,944,500.00
2,944,500.00
Player Contracts
Date Descriptions F Debit Date F
2022 2022
Dec 1 Beginning Balance / 11,250,000.00 Dec
1 GJ-12 1,875,000.00
13,125,000.00
13,125,000.00

Notes Payable
Date Descriptions F Debit Date F
2022 2022
Dec 10 GJ-12 600,000.00 Dec 1
1

Accounts Payable
Date Descriptions F Debit Date F
2022 2022
Dec 3 GJ-12 1,657,500.00 Dec 1
23 GJ-12 941,850.00 5
2,599,350.00 12
Mortgage Payable
Date Descriptions F Debit Date F
2022 2022
Dec Dec 1

Fabella, Capital
Date Descriptions F Debit Date F
2022 2022
Dec Dec 1

Fabella, Withdrawals
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 1,875,000.00
30 GJ-12 250,000.00
2,125,000.00
2,125,000.00
Game Attendaances Revenues
Date Descriptions F Debit Date F
2022 2022
Dec Dec 1
9
17

Salaries Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 4,875,000.00
15 GJ-12 1,136,250.00
28 GJ-12 1,240,650.00
7,251,900.00
7,251,900.00

Advertising Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 400,950.00
4 GJ-12 78,600.00
479,550.00
479,550.00
Travel Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 1,532,400.00
19 GJ-12 558,000.00
2,090,400.00
2,090,400.00

Laundry Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 528,000.00
20 GJ-12 12,600.00
540,600.00
540,600.00

Medical Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 194,550.00
26 GJ-12 18,900.00
213,450.00
213,450.00
Utilities Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 1,734,000.00
27 GJ-12 210,450.00
1,944,450.00
1,944,450.00

Miscellaneous Expense
Date Descriptions F Debit Date F
2022
Dec 1 Beginning Balance / 130,500.00
25 GJ-12 26,850.00
157,350.00
157,350.00
 110
Descriptions Credit

GJ-12 225,000.00
GJ-12 1,657,500.00
GJ-12 78,600.00
GJ-12 600,000.00
GJ-12 215,250.00
GJ-12 1,136,250.00
GJ-12 558,000.00
GJ-12 12,600.00
GJ-12 941,850.00
GJ-12 26,850.00
GJ-12 18,900.00
GJ-12 210,450.00
GJ-12 1,240,650.00
GJ-12 250,000.00
7,171,900.00

120
Descriptions Credit

GJ-12 2,809,500.00

130
Descriptions Credit
 140
Descriptions Credit

150
Descriptions Credit
 160
Descriptions Credit

170
Descriptions Credit
 180
Descriptions Credit

210
Descriptions Credit

Beginning Balance / 1,800,000.00

GJ-12 1,650,000.00
3,450,000.00
2,850,000.00

220
Descriptions Credit

Beginning Balance / 4,725,000.00

GJ-12 30,750.00
GJ-12 319,500.00
5,075,250.00
2,475,900.00
 230
Descriptions Credit

Beginning Balance / 10,500,000.00

10,500,000.00

310
Descriptions Credit

Beginning Balance / 17,643,750.00

17,643,750.00

320
Descriptions Credit
 410
Descriptions Credit

Beginning Balance / 10,125,000.00

GJ-12 320,250.00
GJ-12 3,316,050
13,761,300.00
13,761,300.00

510
Descriptions Credit

520
Descriptions Credit
 530
Descriptions Credit

540
Descriptions Credit

550
Descriptions Credit
 560
Descriptions Credit

570
Descriptions Credit
 Jose Rizal Heavy Bombers
Trial Balance
As of December 30, 2022 Debit Credit

Accounts Titles

Cash 83,450.00
Accounts Receivable 1,223,250.00
Uniform Supplies 61,800.00
Prepaid Insurance 215,250.00
Land 2,025,000.00
Training Facilities 12,750,000.00
Training Equipment 2,944,500.00
Player Contracts 13,125,000.00
Notes Payable 2,850,000.00
Accounts Payable 2,475,900.00
Mortgage Payable 10,500,000.00
Fabella, Capital 17,643,750.00
Fabella, Withdrawals 2,125,000.00
Game Attendance Revenues 13,761,300.00
Salaries Expense 7,251,900.00
Advertising Expense 479,550.00
Travel Expense 2,090,400.00
Laundry Expense 540,600.00
Medical Expense 213,450.00
Utilities Expense 1,944,450.00
Miscellaneous Expense 157,350.00
47,230,950.00 47,230,950.00