JPThrice TRIAL BALANCE

FOR THE MONTH OF MAY, YEAR 2021

REF ACCOUNT TITLES DEBIT CREDIT
Cash ₱ 5,360.00
Accounts Receivable ₱ 14,700.00
Merchandise Inventory ₱ 18,708.00
Supplies ₱ 1,700.00
Equipment ₱ 10,000.00
Accounts Payable ₱ 4,200.00
Notes Payable ₱ 12,000.00
JPThrice, CAPITAL ₱ 40,000.00
JPThrice, DRAWINGS ₱ 3,008.00
Sales ₱ 48,300.00
Sales Returns & Allowances ₱ 1,900.00
Sales Discounts ₱ 324.00
Cost of goods sold ₱ 36,700.00
Advertising ₱ 1,000.00
Freight Out ₱ 1,200.00
Rent expense ₱ 4,500.00
Salaries ₱ 4,000.00
Utilities ₱ 1,400.00
₱ 104,500.00 ₱ 104,500.00