GENERAL JOURNAL PAGE No.

1
Date Account Titles and Explanation PR Debit Credit
2015
May
1A Cash 157,000.00
El Granado, Capital 157,000.00

3B Office Equipment 15,150.00

Cash 15,150.00

5C Office Equipment 57,500.00

El Granado, Capital 57,500.00

7D Computer Software 39,000.00

Cash 15,000.00
Accounts Payable 24,000.00

8E Rent Expense 5,300.00

cash 5,300.00

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

13 H Advertising Expense 3,320.00

Accounts Payable 3,320.00

17 I Supplies 2,290.00
Accounts Payable 2,290.00

19 J Utilities Expense 1,240.00

Cash 1,240.00

25 K Accounts Payable 3,320.00

Cash 3,320.00

26 L Cash 10,900.00
Service Revenue 10,900.00

29 M Salaries Expense 8,400.00

Cash 8,400.00
30 N El Granado, Withdrawal 4,500.00
Cash 4,500.00
322,080.00 322,080.00
 CASH
DEBIT CREDIT
A ₱ 157,000.00
₱ 15,150.00
₱ 15,000.00
₱ 5,300.00
F ₱ 5,160.00 ₱ 5,000.00
₱ 1,240.00
₱ 3,320.00
₱ 8,400.00
L ₱10,900.00
₱ 4,500.00
₱ 173,060.00 ₱ 57,910.00
₱ 115,150.00

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

IPMENT COMPUTER SOFTWARE

CREDIT D ₱ 39,000.00

₱ 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
 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
El Granado, Capital 4,500.00
242,590.00
LIABILITIES

Accounts Payable 30,290.00

30,290.00

CAPITAL
Capital 214,500.00
214,500.00
244,790.00