GANAO, FRANCINE SAYRA S.

11-ZEUS

Same transactions of A. Moreno " At-Your-Service Motor Shop :

Required:
1. General Ledger
2. Trial Balance

GENERAL LEDGER

CASH Account No. 111

Date Explanation F Debit Credit Balance

Jan. 2 Initial Investment J-1 P10,000 P10,000
6 Repair Equipment J-1 P4,500 P5,500
7 Repair Supplies J-1 P3,550 P1,950
9 Service Rendered J-1 P250 P2,200
15 Paid the tools ordered and J-1 P1,550 P650
received
17 Salaries of the shop helper J-1 P250 P400
22 Partial payment of R. J-1 P850 P1,250
Hernandez
25 Payment of account due to J-1 P700 P550
ABC Trading
29 Services Rendered J-1 P2,500 P3,050
30 Monthly Rental J-1 P800 P2,250
30 Salaries of the shop helper J-1 P250 P2,000

ACCOUNTS RECEIVABLE- R. HERNANDEZ Accounts No. 112

Date Explanation F Debit Credit Balance

Jan. 12 Service Rendered J-1 P1,850 P1,850
22 Partial payment of R. J-1 P850 P1,000
Hernandez.

REPAIR SUPPLIES Account No. 113

Date Explanation F Debit Credit Balance

Jan. 7 Bought repair supplies J-1 P3,550 P3,550
20 Purchased repair supplies J-1 P1,700 P5,250
on credit

TOOLS Accounts No. 114

Date Explanation F Debit Credit Balance

Jan. 15 Paid for the tools ordered J-1 P1,550 P1,550
and received.
 REPAIR EQUIPMENT Account No. 115

Date Explanation F Debit Credit Balance

Jan. 6 Purchased repair equipment J-1 P4,500 P4,500

ACCOUNTS PAYABLE- ABC TRADING Accounts No. 211

Date Explanation F Debit Credit Balance

Jan. 20 Purchased repair supplies J-1 P1,700 P1,700
on credit
25 Payment of account due to J-1 P700 P1,000
ABC Trading

A. MORENO, CAPITAL Accounts No. 311

Date Explanation F Debit Credit Balance

Jan. 2 Initial investment J-1 P10,000 P10,000

SERVICE INCOME Accounts No. 411

Date Explanation F Debit Credit Balance

Jan. 9 Services rendered J-1 P250 P250
12 Service rendered on account J-1 P1,850 P2,100
to R. Hernandez
29 Service rendered J-1 P2,500 P4,600

SALARIES EXPENSE Accounts No. 511

Date Explanation F Debit Credit Balance

Jan. 17 Salaries of the shop helper J-1 P250 P250
30 Salaries of the shop helper J-1 P250 P500

RENT EXPENSE Accounts No. 512

Date Explanation F Debit Credit Balance

Jan. 30 Monthly Rental J-1 P800 P800
 At-Your-Service Motor Shop
Trial Balance
January 30, 2020

Accounts Debit Credit

Cash P2,000
Accounts Receivable- R. Hernandez P1,000
Repair Supplies P5,250
Tools P1,550
Repair Equipment P4,500
Accounts Payable- ABC Trading P1,000
A. Moreno, capital P10,000
Service Income P4,600
Salaries Expense P500
Rent Expense P800 _______
P15,600 P15,600