Professional Documents
Culture Documents
1
Date Account Titles and Explanation PR Debit Credit
2015
May
1A Cash 157,000.00
El Granado, Capital 157,000.00
10 F Cash 5,160.00
Service Revenues 5,160.00
12 G Signage 9,000.00
Cash 5,000.00
Accounts Payable 4,000.00
17 I Supplies 2,290.00
Accounts Payable 2,290.00
26 L Cash 10,900.00
Service Revenue 10,900.00
OFFICE EQUIPMENT
DEBIT CREDIT
B ₱ 15,150.00
C₱ 57,500.00
₱ 72,650.00
WITHDRAWALS
N ₱ 4,500.00
₱ 4,500.00
ADVERTISING EXPENSE
H₱ 3,320.00
₱ 3,320.00
SUPPLIES
CREDIT DEBIT CREDIT
I ₱ 2,290.00
₱ 15,150.00 B
₱ 15,000.00 D ₱ 2,290.000
₱ 5,300.00 E
₱ 5,000.00 G
₱ 1,240.00 J
₱ 3,320.00 K
₱ 8,400.00 M
₱ 4,500.00 N
₱ 57,910.00
₱ 39,000.00
SERVICE REVENUE
WALS ₱ 5,160.00 F
₱ 10,900.00 L
₱ 16,060.00
G EXPENSE RENT EXPENSE
E₱ 5,300.00
₱ 5,300.00
SIGNAGE
G ₱ 9,000.00
₱ 9,000.00
ACCOUNTS PAYABLE
₱ 24,000.00 D
₱ 4,000.00 G
₱ 3,320.00 H
₱ 2,290.00 I
K ₱ 3,320.00
₱ 3,320.00 ₱ 33,610.00
₱ 30,290.00
EL GRANADO,CAPITAL
₱ 157,000.00 C
₱ 57,500.00
₱ 214,500.00
SALARIES EXPENSE
M ₱ 8,400.00
₱ 8,400.00
UTILITIES EXPENSE
J₱ 1,240.00
₱ 1,240.00
TRIAL BALANCE
Debit Credit
Cash 115,150.00
Supplies 2,290.00
office Equipment 72,650.00
Computer Software 39,000.00
Signsge 9,000.00
Accounts Payable 30,290.00
El Granado, Capitral 214,500.00
El Granado, Withdrawal 4,500.00
Service Revenue 16,060.00
Salaries and Wages 8,400.00
Advertising Expense 3,320.00
Rent Expense 5,300.00
Utilities Expense 1,240.00
TOTAL 260,850.00 260,850.00
Trisl Balance Income Statement Balance Sheet
Account Titles
Debit Credit Debit Credit Debit Credit
Cash 115,150.00 115,150.00
Supplies 2,290.00 2,290.00
Office Equipment 72,650.00 72,650.00
Computer Software 39,000.00 39,000.00
Signage 9,000.00 9,000.00
Accounts Payable 30,290.00 30,290.00
El Granado, Capital 214,500.00 214,500.00
El Granado, Withdrawal 4,500.00 4,500.00
Service Revenue 16,060.00 16,060.00
Salaries and Wages 8,400.00 8,400.00
Advertising Expense 3,320.00 3,320.00
Rent Expense 5,300.00 5,300.00
Utilities Expense 1,240.00 1,240.00
Total 260,850.00 260,850.00 18,260.00 16,060.00 242,590.00 244,790.00
Net Loss 2,200.00 2,200.00
18,260.00 18,260.00 244,790.00 244,790.00
DEBIT CREDIT
Service Revenue 16,060.00
Less: Operating Expense
Salaries and Wages 8,400.00
Advertising Expense 3,320.00
Rent Expense 5,300.00
Utilities Expense 1,240.00
TOTAL 18,260.00 18,260.00
NET LOSS THE MONTH OF 2,200.00
DEBIT CREDIT
El Granado, Capital 214,500.00
Less: Net Loss 2,200.00
Drawing 4,500.00
Decrease in Capital 6,700.00 6,700.00
207,800.00
BALANCE SHEET
ASSETS
Cash 115,150.00
Supplies 2,290.00
Office Equipment 72,650.00
Computer Software 39,000.00
Signage 9,000.00
238,090.00
LIABILITIES
CAPITAL
Capital 207,800.00
238,090.00