Journal Entries Date Particulars Debit Credit

JOURNAL ENTRIES
DATE PARTICULARS DEBIT CREDIT
2022
MAY
2 CASH 98,000.00
DICK A. PAPASA CAPITAL 98,000.00
CASH INVESTMENT
2 SYSTEM LIBRARY 69,500.00
DICK A. PAPASA CAPITAL 69,500.00
INVESTMENT OF SYSTEM LIBRARY
3 RENT EXPENSE 6,600.00
CASH 6,600.00
PAID RENT EXPENSE
9 COMPUTER SUPPLIES 7,800.00
ACCOUNTS PAYABLE 7,800.00
ACQUIRED COMPUTER SUPPLIES ON CREDIT
10 COMPUTER EQUIPMENT 81,000.00
ACQUIRD COMPUTER EQUIPMENT ON CREDIT
11 CASH 48,000.00
SERVICE INCOME 48,000.00
RECEIVED CASH FOR PROGRAMMING DONE
12 ACCOUNTS RECEIVABLE 56,300.00
BILLED CUSTOMER FOR PROGRAMMING DONE
16 SALARIES EXPENSES 9,600.00
CASH 9,600.00
PAID SALARIES
23 CASH 36,100.00
ACCOUNTS RECEIVABLES 36,100.00
COLLECTED ACCOUNTS RECEIVABLE

#
27 DICK A. PAPASA WITHDRAWALS 5,500.00
CASH 5,500.00
WITHDRAW FOR PERSONAL USE
25 ACCOUNTS PAYABLE 3,000.00
CASH 3,000.00
PSETTLED PORTION OF ACCOUNTS PAYABLE

JOURNAL ENTRIES
2022
MARCH
1 CASH 125,900.00
BIBANG VIVA, CAPITAL 125,900.00
INVESTMENT
3 CLEANING SUPPLIES 23,540.00
PURCHASED SUPPLIES ON ACCOUNT
5 CLEANING EQUIPMENT 43,390.00
PURCHASED EQUIPMENT ON ACCOUNT
6 SERVICE VEHICLE 79,840.00
CASH 12,020.00
NOTES PAYABLE 67,820.00
PURCHASED VEHICLE FOR CASH AND NOTES
CASH 9,300.00
PAID RENT EXPENSE
9 CASH 46,680.00
RENDERED SERVICES FOR CASH
9 CASH 71,000.00
BIBANG VIVA, CAPITAL 71,000.00
ADDITIONAL INVESTMENT
10 ADVERTSING EXPENSES 2,910.00
CASH 2,910.00
PAID ADVERTISING
12 PREPAID INSURANCE 6,550.00
CASH 6,550.00
PURCHASED INSURANCE
#
CASH 12,900.00
SETTLED PORTION OF ACCOUNTS PAYABLE
14 MISCELLANEOUS EXPENSE 3,030.00
CASH 3,030.00
PAID MISCELLANEOUS EXPENSE
RENDERED SERVICES ON ACCOUNT
CASH 8,400.00
PAID SALARIES
18 CASH 15,550.00
ACCOUNTS RECEIVABLE 3,450.00
RENDERED SERVICES FOR CASH AND ON ACCOUNT
19 UTILITIES EXPENSES 3,600.00
CASH 3,600.00
PAID UTILITIES
20 CASH 29,800.00
ACCOUNTS RECEIVABLES 29,800.00
22 NOTES PAYABLE 30,460.00
CASH 30,460.00
SETTLED PORTION OF NOTES PAYABLE
26 CLEANING SUPPLIES 6,710.00
CASH 6,710.00
PURCHASED CLEANING SUPPLIES
CASH 7,900.00
PAID SALARIES
#
RENDERED SERVICES ON ACCOUNT
30 BIBANG VIVA, WITHDRAWALS 10,000.00
CASH 10,000.00

T-ACCOUNTS/POSTING TO THE GENERAL LEDGER
CASH ACCOUNTS RECEIVABLE CLEANING SUPPLIES
1 125,900.00 6 12,020.00 15 ₱ 48,600.00 20 ₱ 29,800.00 3 ₱ 23,540.00
9 46,680.00 7 9,300.00 18 3,450.00 26 6,710.00
9 71,000.00 10 2,910.00 29 32,500.00 ₱ 30,250.00
18 15,550.00 12 6,550.00 ₱ 84,550.00 ₱ 29,800.00
20 29,800.00 13 12,900.00 ₱ 54,750.00
14 3,030.00
16 8,400.00 PREPAID INSURANCE CLEANING EQUIPMENT
19 3,600.00 12 ₱ 6,550.00 5 ₱ 43,390.00
22 30,460.00
26 6,710.00
28 7,900.00
30 10,000.00
₱ 288,930.00 ₱ 113,780.00
₱ 175,150.00
SERVICE VEHICLE ACCOUNST PAYABLE NOTES PAYABLE
6 ₱ 79,840.00 13 ₱ 12,900.00 3 ₱ 23,540.00 22 ₱ 30,460.00 6 ₱ 67,820.00
5 43,390.00 ₱ 37,360.00
₱ 12,900.00 ₱ 66,930.00
₱ 54,030.00
BIBANG VIVA CAPITAL BIBANG VIVA, WITHDRAWALS SERVICE INCOME
1 ₱ 125,900.00 30 ₱ 10,000.00 9 ₱ 46,680.00
9 71,000.00 15 48,600.00
₱ 196,900.00 18 19,000.00
29 32,500.00
₱ 146,780.00
SALARIES EXPENSES UTILITIES EXPENSE ADVERTISING EXPENSES
16 ₱ 8,400.00 19 ₱ 3,600.00 10 ₱ 2,910.00
28 7,900.00
₱ 16,300.00
RENT EXPENSES MISCELLANEOUS
7 ₱ 9,300.00 14 ₱ 3,030.00
TRIAL BALANCE
BIBANG VIVA CLEANING SERVICES
TRIAL BALANCE
MAY 2022
CASH ₱ 175,150.00
CLEANING SUPPLIES 30,250.00
PREPAID INSURANCE 6,550.00
CLEANING EQUIPMENT 43,390.00
SERVICE VEHICLE 79,840.00
ACCOUNST PAYABLE ₱ 54,030.00
37,360.00
BIBANG VIVA CAPITAL 196,900.00
BIBANG VIVA, WITHDRAWALS 10,000.00
SALARIES EXPENSES 16,300.00
UTILITIES EXPENSE 3,600.00
ADVERTISING EXPENSES 2,910.00
RENT EXPENSES 9,300.00
MISCELLANEOUS 3,030.00
TOTAL ₱ 435,070.00 ₱ 435,070.00 ₱ -

JOURNAL ENTRIES
2022
JULY
1 CASH 278,300.00
MALAMANG D. PUMASA, CAPITAL 278,300.00
INVESTMENT
2 FURNITURE AND FIXTURES 19,600.00
CASH 19,600.00
PURCHASED DESK AND CABINET FOR CASH
5 OFFICE EQUIPMENT 93,000.00
MALAMANG D. PUMASA, CAPITAL 93,000.00
INVESTMENT OF COMPUTER EQUIPMENT
6 COMPUTER SOFTWARE 64,300.00
CASH 25,900.00
NOTES
NOTES PAYAAB;E 38,400.00
PURCHASED CONMPUTER SOFTWARE FOR CASH AND ON ACCOUNT
CASH 8,300.00
PAID RENT EXPENSE
10 FURNITURE AND FIXTURES 12,500.00
PURCHASED CHAIRS ON ACCOUNT
11 CASH 32,200.00
12 PREPAID INSURANCE 12,000.00
CASH 12,000.00
PAID INSURANCE
14 SIGNAGE 56,100.00
CASH 15,900.00
PURCHASED SIGNAGE ONNCASH AND ON ACCOUNT

#
15 CASH 15,000.00
UNEARNED REVENUE 15,000.00
ADVANCE PAYMENT FROM CUSTOMER
17 ADVERTISING EXPENSE 4,100.00
RECEIVED BILL FOR ADVERTISNG
18 SUPPLIES 3,700.00
PURCHASED SUPPLIES ON ACCOUNT
19 UTILITIES EXPENSES 7,200.00
CASH 7,200.00
PAID UTILITIES
BILL CUSTOMERS FOR SERVICES RENDERED
23 CASH 40,600.00
CASH 20,000.00
SETLLED ACCOUNTS PAYABLE
CASH 9,900.00
PAID SALARIES
29 CASH 15,700.00
30 NOTES PAYABLE 16,100.00
CASH 16,100.00
SETTLED NOTES PAYABLE
#
31 MALAMANG D. PUMASA, WITHDRAWALS 5,500.00
CASH 5,500.00

T-ACCOUNTS/POSTIG TO THE GENERAL LEDGER
CASH ACCOUNTS RECEIVABLE SUPPLIES
1 278,300.00 2 19,600.00 20 ₱ 31,800.00 29 15,700.00 18 ₱ 3,700.00
11 32,200.00 6 25,900.00 ₱ 16,100.00
15 15,000.00 9 8,300.00
23 40,600.00 12 12,000.00
29 15,700.00 14 15,900.00
19 7,200.00
24 20,000.00 PREPAID INSURANCE COMPUTER SOFTWARE
26 9,900.00 12 ₱ 12,000.00 6 ₱ 64,300.00
30 16,100.00
31 5,500.00
OFFICE EQUIPMENT FURNITURE AND FIXTURES
₱ 381,800.00 ₱ 140,400.00 5 ₱ 93,000.00 2 ₱ 19,600.00
₱ 241,400.00 10 12,500.00
₱ 32,100.00
SIGNAGE ACCOUNST PAYABLE NOTES PAYABLE
14 ₱ 56,100.00 24 ₱ 20,000.00 10 ₱ 12,500.00 30 ₱ 16,100.00 6 ₱ 38,400.00
14 40,200.00 ₱ 22,300.00
17 4,100.00
18 3,700.00
₱ 20,000.00 ₱ 60,500.00
₱ 40,500.00
UNEARNED REVENUES MALAMANG D. PUMASA CAPITAL MALAMANG D, PUMASA WITHDRAWALS
15 ₱ 15,000.00 1 ₱ 278,300.00 31 ₱ 5,500.00
5 93,000.00
₱ 371,300.00
SERVICE INCOME SALARIES EXPENSES UTILITIES EXPENSE
11 ₱ 32,200.00 26 ₱ 9,900.00 19 ₱ 7,200.00
20 31,800.00
23 40,600.00
₱ 104,600.00
ADVERTISING EXPENSES RENT EXPENSES
17 ₱ 4,100.00 9 ₱ 8,300.00
TRIAL BALANCE
MALAMANG D. PUMASA DATA ENCODERS
TRIAL BALANCE
MAY 2022
CASH ₱ 241,400.00
SUPPLIES 3,700.00
PREPAID INSURANCE 12,000.00
COMPUTER SOFTWARE 64,300.00
OFFICE EQUIPMENT 93,000.00
FURNITURE AND FIXTURES 32,100.00
SIGNAGE 56,100.00
ACCOUNST PAYABLE ₱ 40,500.00
NOTES PAYABLE 22,300.00
UNEARNED REVENUES 15,000.00
MALAMANG D. PUMASA CAPITAL 371,300.00
MALAMANG D, PUMASA WITHDRAWALS 5,500.00
SALARIES EXPENSES 9,900.00
UTILITIES EXPENSE 7,200.00
ADVERTISING EXPENSES 4,100.00
RENT EXPENSES 8,300.00
TOTAL ₱ 553,700.00 ₱ 553,700.00 -

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Journal Entries Date Particulars Debit Credit

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JOURNAL ENTRIES

DATE PARTICULARS DEBIT CREDIT

DICK A. PAPASA CAPITAL 98,000.00

2 SYSTEM LIBRARY 69,500.00

DICK A. PAPASA CAPITAL 69,500.00

INVESTMENT OF SYSTEM LIBRARY

3 RENT EXPENSE 6,600.00

PAID RENT EXPENSE

9 COMPUTER SUPPLIES 7,800.00

ACCOUNTS PAYABLE 7,800.00

ACQUIRED COMPUTER SUPPLIES ON CREDIT

10 COMPUTER EQUIPMENT 81,000.00

ACCOUNTS PAYABLE 81,000.00

ACQUIRD COMPUTER EQUIPMENT ON CREDIT

SERVICE INCOME 48,000.00

RECEIVED CASH FOR PROGRAMMING DONE

12 ACCOUNTS RECEIVABLE 56,300.00

SERVICE INCOME 56,300.00

BILLED CUSTOMER FOR PROGRAMMING DONE

16 SALARIES EXPENSES 9,600.00

ACCOUNTS RECEIVABLES 36,100.00

COLLECTED ACCOUNTS RECEIVABLE

27 DICK A. PAPASA WITHDRAWALS 5,500.00

WITHDRAW FOR PERSONAL USE

25 ACCOUNTS PAYABLE 3,000.00

PSETTLED PORTION OF ACCOUNTS PAYABLE

BIBANG VIVA, CAPITAL 125,900.00

3 CLEANING SUPPLIES 23,540.00

ACCOUNTS PAYABLE 23,540.00

PURCHASED SUPPLIES ON ACCOUNT

5 CLEANING EQUIPMENT 43,390.00

ACCOUNTS PAYABLE 43,390.00

PURCHASED EQUIPMENT ON ACCOUNT

6 SERVICE VEHICLE 79,840.00

NOTES PAYABLE 67,820.00

PURCHASED VEHICLE FOR CASH AND NOTES

7 RENT EXPENSE 9,300.00

PAID RENT EXPENSE

SERVICE INCOME 46,680.00

RENDERED SERVICES FOR CASH

BIBANG VIVA, CAPITAL 71,000.00

10 ADVERTSING EXPENSES 2,910.00

12 PREPAID INSURANCE 6,550.00

SETTLED PORTION OF ACCOUNTS PAYABLE

14 MISCELLANEOUS EXPENSE 3,030.00

PAID MISCELLANEOUS EXPENSE

15 ACCOUNTS RECEIVABLE 48,600.00

SERVICE INCOME 48,600.00

RENDERED SERVICES ON ACCOUNT

16 SALARIES EXPENSES 8,400.00

ACCOUNTS RECEIVABLE 3,450.00

SERVICE INCOME 19,000.00

RENDERED SERVICES FOR CASH AND ON ACCOUNT

19 UTILITIES EXPENSES 3,600.00

ACCOUNTS RECEIVABLES 29,800.00

COLLECTED ACCOUNTS RECEIVABLE

22 NOTES PAYABLE 30,460.00

SETTLED PORTION OF NOTES PAYABLE

26 CLEANING SUPPLIES 6,710.00

PURCHASED CLEANING SUPPLIES

28 SALARIES EXPENSES 7,900.00

SERVICE INCOME 32,500.00

RENDERED SERVICES ON ACCOUNT