2021

Mar-01 Cash 120,000

Garcia, Capital 120,000
To record an investment.

3 Repair Equipment 90,000

Cash 90,000
To record purchased equipment.

5 Rent Expense 4,000

Cash 4,000
To record rent expense.

6 Shop Supplies 2,000

Cash 2,000
To record payment of supplies.

7 Advertising Expense 650

Accounts Payable 650
To record advertising on account.

13 Cash 3,500
Service Revenue 3,500
To record service revenue.

14 Garcia, Drawings 1,400

Cash 1,400
To record withdrawal by owner.

15 Salaries Expense 3,000

Cash 3,000
To record salaries expense.

16 Utility Expense 700

Cash 700
To record utility expense.

20 Accounts Receivable 2,000

Service Revenue 2,000
To record service rendered on account.

25 Cash 1,300
Accounts Receivable 1,300
To record payment from the service rendered.
 Cash Accounts Payable
2021-Mar. 1 120,000 3 90,000
13 3,500 5 4,000
25 1,300 6 2,000
14 1,400
15 3,000
16 700

124,800 101,100
Bal. 23,700

Accounts Receivable
2021-Mar. 20 2,000 25 1,300

Bal. 700

Shop Supplies
2021-Mar.6 2,000

Bal. 2 ,000

Repair Equipment
2021-Mar.3 90,000

Bal. 90,000
Accounts Payable Garcia,Capital
2021-Mar.7 650 2021-Mar.1 120,000

Bal. 650 Bal. 120,000

Garcia, Drawings
2021-Mar.14 1,400

Bal. 1,400
Service Revenue Advertising Expense
2021-Mar.13 3,500 2021-Mar.7 650
20 2,000
Bal. 650

Bal. 5,500

Salaries Expense
2021-Mar.15 3,000

Bal. 3,000

Rent Expense
2021-Mar.5 4,000

Bal. 4,000

Utilities Expense
2021-Mar.16 700

Bal. 700
 Garcia
Unadjusted Trial Balance
As of March 31,2021

Cash P23,700
Accounts Receivable 700
Shop Supplies 2,000
Repair Equipment 90,000
Accounts Payable P650
Garcia, Capital 120,000
Garcia, Drawings 1,400
Service Revenue 5,500
Advertising Expense 650
Salaries Expense 3,000
Rent Expense 4,000
Utilities Expense 700
P126,150 P126,150