CASH

DATE PARTICULARS DEBIT CREDIT

JAN 2 INVESTMENT ₱ 100,000.00
2 INVESTMENT 50,000
5 SUPPLIES PURCHASES 20,000
10 SERVICE RENDERED 10,000
16 SALARY PAYMENT 7,500
28 NOTES PAYABLE 30,000
30 SALARY PAYMENT 7,500
30 LEASE PAYMENT 5,000
TOTALS ₱ 160,000.00 ₱ 70,000.00
TOTAL BALANCE ₱ 90,000.00
 ACCOUNTS RECEIVABLE
DATE PARTICULARS DEBIT CREDIT
JAN 8 SERVICE RENDERED ₱ 18,000.00
25 UNPAID PROMISORY NOTE 18,000.00
TOTAL 0 0
TOTAL BALANCE 0 0
 NOTES RECEIVABLE
DATE PARTICULARS DEBIT CREDIT
JAN 25 MGCQ Co. PROMISSORY ₱ 18,000.00
TOTAL 18,000.00
TOTAL BALANCE ₱ 18,000.00
 ACCOUNTS PAYABLE
DATE PARTICULARS DEBIT CREDIT
JAN 16 FAILED PROMISSORY PAYMENT ₱ 30,000.00
28 PAYMENT FOR NOTES PAYABLE 30,000.00
TOTAL 0 0
TOTAL BALANCE 0 0
 NOTES PAYABLE
DATE PARTICULARS DEBIT CREDIT
JAN 16 FAILED PROMISSORY PAYMENT 30,000.00
28 PAYMENT FOR NOTES PAYABLE 30,000.00
TOTAL 0 0
TOTAL BALANCE 0 0
 SALARIES EXPENSE
DATE PARTICULARS DEBIT CREDIT
JAN 16 HALF MONTH SALARY PAYMENT ₱ 7,500.00
30 HALF MONTH SALARY PAYMENT 7,500.00
TOTAL ₱ 15,000.00
TOTAL BALACE ₱ 15,000.00
 PPE
DATE PARTICULARS DEBIT CREDIT
JAN 4 EQUIPMENT PURCHASED ₱ 30,000.00
TOTAL 30,000.00
TOTAL BALANCE ₱ 30,000.00
 SUPPLIES EXPENSE
DATE PARTICULARS DEBIT CREDIT
JAN 5 PURCHASED SUPPLIES ₱ 20,000.00
TOTAL 20,000.00
TOTAL BALANCE ₱ 20,000.00
 RENT EXPENSE
DATE PARTICULARS DEBIT CREDIT
JAN 30 PREPAID RENT ₱ 5,000.00
TOTAL 5,000.00
TOTAL BALANCE ₱ 5,000.00
 CAPITAL
DATE PARTICULARS DEBIT CREDIT
JAN 2 BEGINNING BALACE ₱ 100,000.00
2 ADDITIONAL BEG. BALANCE 50,000.00
TOTAL 150,000.00
TOTAL BALANCE ₱ 150,000.00
 REVENUE
DATE PARTICULARS DEBIT CREDIT
JAN 8 SERVICE INCOME ₱ 18,000.00
10 SERVICE INCOME 10,000.00
TOTAL 28,000.00
TOTAL AMOUNT ₱ 28,000.00
 UNADJUSTED TRIAL BALANCE
DR CR
CASH ₱ 90,000.00
ACCOUNTS RECEIVABLE
NOTES RECEIVABLE 18,000.00
ACCOUNTS PAYABLE
NOTES PAYABLE
SALARIES EXPENSE 15,000.00
PPE 30,000.00
SUPPLIES EXPENSE 20,000.00
RENT EXPENSE 5,000.00
CAPITAL 150,000.00
REVENUE 28,000.00
TOTAL ₱ 178,000.00 ₱ 178,000.00